Monday, May 18, 2009

Singapore’s exports decline as electronics shipments extend slump



 
 

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via EdgeSingapore RSS on 5/17/09

Singapore's exports fell for a 12th month in April, extending the longest slump in overseas sales since 2002, as the island's manufacturers shipped fewer electronics to customers abroad, said Bloomberg.

Non-oil domestic exports dropped 19.2% from a year earlier, after contracting a revised 17.3% in March, the trade promotion agency said in a statement today. Economists had expected an 18.9% decline.


 
 

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