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Singapore Non-Oil Domestic Exports Fall 3.7% In October
(RTTNews) - The value of non-oil domestic exports in Singapore was down a seasonally adjusted 3.7 percent on month in October, Statistics Singapore said on Thursday - coming in at SGD15.9 billion.
That missed expectations for a decline of 2.3 percent following the upwardly revised 3.9 percent contraction in September (originally -4.0 percent).
On a yearly basis, NODX was down 5.6 percent - again missing forecasts for a decline of 0.6 percent after rising 3,1 percent a month earlier.
On a yearly basis, total trade increased 8.6 percent in October, easing from the 20.7 percent expansion in the preceding month. Total exports rose 6.3 percent and total jumped 11.1 percent.
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Singapore Private Sector Accelerates In August - S&P Global
The private sector in Singapore continued to expand in August, and at a slightly faster rate, the latest survey from S&P Global revealed on Thursday with a Purchasing Managers Index score of 59.4.
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9 days ago
Singapore Unexpectedly Tightens Monetary Policy
The Monetary Authority of Singapore tightened its policy for the second straight time in order to cap inflationary pressures. The central bank unexpectedly increased the rate of appreciation of the S$NEER policy band slightly. However, the extent of the increase was smaller than that in April. There will be no change to the width of the policy band and the level at which it is centred.
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46 days ago
Singapore Retains Growth Forecast Despite Uncertainties; Inflation Remains Stable
Singapore's economic growth forecast for this year was maintained, citing better-than-expected expansion in the first quarter, the Ministry of Trade and Industry said Monday.
The ministry forecast the economy to grow in the range of 2.0 percent to 4.0 percent this year.
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109 days ago
Singapore Central Bank Tightens Policy
Singapore central bank tightened its monetary policy on Tuesday as escalating Middle East conflict drove sharp increases in energy prices. The Monetary Authority of Singapore decided to increase slightly the rate of appreciation of the S$NEER policy band. There will be no change to its width and the level at which it is centred.
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150 days ago
Singapore Private Sector Picks Up Steam In February - S&P Global
The private sector in Singapore continued to expand in February, and at a faster pace, the latest survey from S&P Global revealed on Wednesday with a services PMI score of 59.2.
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192 days ago
Singapore Upgrades 2026 Growth Outlook
Singapore's economy is forecast to grow more than previous projections this year as the global economy outperformed expectations, and stronger AI-related exports are expected to sustain. The Ministry of Trade and Industry forecast the city-state economy to grow "2.0 percent to 4.0 percent" from "1.0 percent to 3.0 percent."
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213 days ago
Singapore Private Sector Accelerates In January - S&P Global
The private sector in Singapore continued to strengthen in January, and at a faster pace, the latest survey from S&P Global revealed on Tuesday with a services PMI score of 56.8.
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220 days ago
Singapore Keeps Monetary Policy Unchanged
Singapore central bank maintained its monetary policy setting and raised its inflation outlook on Thursday. The Monetary Authority of Singapore said it will maintain the prevailing rate of appreciation of the S$NEER policy band and there will be no change to its width and the level at which it is centered.
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225 days ago
