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Singapore's non-oil exports suffer worst monthly slide since 2016
来源： 编辑：编辑部 发布：2018/03/20 14:46:22
SINGAPORE's non-oil domestic exports fell the most since October 2016, indicating rising risks to growth in one of world's most trade-dependent countries.
Exports dropped 5.9 per cent in February from a year earlier, compared with the Bloomberg survey median for a 4.8 per cent gain. Shipments of electronics plunged the most since July 2016, while sales of non-electronics also fell.
While fluctuations might be expected given the unusual timing of Chinese New Year holiday this year, a third straight monthly decline in electronics - which led gains for much of last year - adds to signs that exports could slow in 2018.
Exports dropped 5.9 per cent in February from a year earlier, compared with the Bloomberg survey median for a 4.8 per cent gain. Shipments of electronics plunged the most since July 2016, while sales of non-electronics also fell.
While fluctuations might be expected given the unusual timing of Chinese New Year holiday this year, a third straight monthly decline in electronics - which led gains for much of last year - adds to signs that exports could slow in 2018.