Monday, April 18, 2016

SG Economy

SG Economy: Non-oil domestic exports sank 15.6% in Mar (est: -12.3%, prior: +2.1%), the most in more than 3 years, providing more evidence of a stagnating economy. Electronics shipments contracted 9.1%. Worst hit export markets were EU (-39.1%), Indonesia (-20.2%) and China (-14%).

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