Tuesday, November 18, 2008

Singapore October 2008 NODX Dive 15.3%

Non-oil domestic exports (NODX), fell 15.3 per cent last month as shipments of both electronics and chemicals met with sharply lower demand in all the key markets. Against September, NODX fell a seasonally adjusted 7.4 per cent last month, the biggest drop in five months.
NODX is the key trade indicator to signal health of Singapore's economy.

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