CNA | Singapore's non-oil domestic exports grow 2.7% in September @channelnewsasia | Uploaded October 2024 | Updated October 2024, 19 hours ago.
September's non-oil domestic exports grew by 2.7 per cent on-year. This was below expectations as market analysts had forecast double-digit growth. It is also a significant drop from the 10.7 per cent expansion the previous month. Experts say it could be due to a contraction in the manufacturing sector of developed markets, like the US and eurozone, and China's weak domestic demand. Nadirah Zaidi with more.
September's non-oil domestic exports grew by 2.7 per cent on-year. This was below expectations as market analysts had forecast double-digit growth. It is also a significant drop from the 10.7 per cent expansion the previous month. Experts say it could be due to a contraction in the manufacturing sector of developed markets, like the US and eurozone, and China's weak domestic demand. Nadirah Zaidi with more.
