empty
 
 

2017.11.1623:33:00UTC+00Singapore NODX Surges More Than Forecast In October

Singapore's non-oil domestic exports grew at a faster-than-expected pace in October, data from the International Enterprise Singapore showed Friday.

NODX surged 20.9 percent year-over-year in October, reversing a 1.1 percent fall in the previous month. Economists had expected a 11.9 spike for the month.

The strong rebound in October was due to the growth in both electronic and non-electronic exports.

Exports of electronic products rose 4.5 percent annually in October, in contrast to a 8.0 percent decline in the prior month.

At the same time, non-electronic NODX jumped 28.5 percent yearly in October, much faster than the 1.9 percent gain in the previous month.

On a monthly basis, NODX advanced a seasonally adjusted 12.5 percent from September, when it plunged by 11.0 percent.

  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $1000 more!
    In April we raffle $1000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS


Can't speak right now?
Ask your question in the chat.
Widget callback