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2025-12-16 10:45:17
[Singapore's Non-Oil Export Growth Likely to Slow Significantly in November] 1. According to the median forecast of a Wall Street Journal survey of seven economists, Singapore's non-oil domestic exports are expected to grow significantly by 6.5% year-on-year in November, far below the 22.2% growth rate in October. 2. Nomura analysts believe the slowdown is mainly due to the combined effects of a high base effect and a decline in gold exports. However, the analysis also points out that despite the unfavorable base effect, the growth momentum of electronics exports may weaken compared to October, but is still expected to remain relatively strong. 3. Singapore's official non-oil domestic export data for November is scheduled to be released this Wednesday.
