SINGAPORE: Singapore's non-oil domestic exports (NODX) contracted for the eighth consecutive month in May, falling by 14.7 per cent, with both electronics and non-electronics seeing a decline. The drop follows the
The latest figure is worse than a Reuters poll forecast of an 8.1 per cent drop.
Integrated circuits , disk media products and parts of ICs contributed the most to the decline, falling by 39.2 per cent, 41.6 per cent and 48.7 per cent respectively. The biggest declines were in specialised machinery, petrochemicals and pharmaceuticals - falling by 23.4 per cent, 22.8 per cent and 14 per cent respectively.
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