(September 14 11:35) Sbr.com.sg
Submitted By:
Danielle Isaac
Case Study:
No
Electronics could contract for the ninth consecutive month after a 3.8% drop in July.
After an 11.8% gain in July, the growth in Singapore’s non-oil domestic exports for August could soften to 5.3%, Moody’s Analytics revealed.
“Electronics likely remained a drag, with annual export growth forecast to contract for a ninth straight month in August,” said Moody’s Analytics managing director Steve Cochrane. Electronic products were down by 3.8% in July, following the 8.6% drop in June.
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