non-oil domestic exports (NODX)
Economists forecast modest NODX growth for Singapore in 2024
NODX fell 1.1% MoM and 2.7% YoY in September.
Economists forecast modest NODX growth for Singapore in 2024
NODX fell 1.1% MoM and 2.7% YoY in September.
Non-oil domestic exports growth slows to 2.7% in September
In August, NODX grew 10.7% YoY.
Economists optimistic about NODX rebound despite August contraction
NODX fell 4.7% MoM in August.
Non-oil domestic exports up 10.7% in August
The expansion, however, was slower than July's growth.
Non-oil domestic exports grow 15.7% in July after June decline
Growth in electronics and non-electronics drove the increase.
NODX falls 6.4% YoY in Q2 as non-electronics decline
Non-electronic NODX declined 9.2% YoY.
Weaker H2 recovery prompts Singapore to cut NODX growth forecast
The forecast was narrowed to +4.0% to +5.0%
Analysts see H2 rebound for non-oil domestic exports
Sector to benefit from a more favourable global backdrop.
Non-oil domestic exports fall 8.7% YoY in June
The decline in non-electronic NODX contributed largely to the drop.
Meaningful H2 recovery underway for Singapore’s NODX: experts
NODX fell 0.1% YoY in May.
NODX growth could hit the lower end of the 4.0%-6.0% forecast
In 1Q24, NODX declined 3.4% YoY.
NODX decline may persist in 2Q before recovery in 2H, experts warn
RHB expects NODX to decline by around 1.5% YoY.
NODX contraction eases to 9.3% YoY in April
In March, NODX fell 20.8%.
Export decline not tied to global demand, says expert
Non-oil domestic exports fell 20.7% YoY in March.
Non-oil domestic exports fall 20.7% YoY in March
The decline in non-electronic NODX contributed largely to the drop.
Expert points to ‘payback effect’ as cause of weaker NODX in February
In February, NODX slipped by 0.1% YoY.
NODX to expand by 6.0% in 2024
Economists said base effects will drive recovery in NODX.
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