SINGAPORE – After shrinking for two straight months, Singapore’s non-oil domestic exports returned to growth in April as rising non-electronic exports outweighed a slide in electronics shipments.
Non-oil domestic exports (Nodx) surged 11.8 per cent in April, blowing past economist estimates of a 7.3 per cent increase.
This followed from a 3.2 per cent decline in March and a 6 per cent fall in February.