Moody's Analytics expects Singapore exports for August to fall by 1.0% year-over-year due to competition pressure from regional peers and slowing demand.
"Singapore's electronics exports have been weak because of competition from higher--scale regional producers and the continued softness in global PC demand," Moody's Analytics says.
"Pharmaceuticals exports meanwhile have been cyclical, and have also been hurt by problems in Europe." The two segments are important components of the non-oil domestic exports of Singapore.
"Overall, the outlook for Singapore's non-oil domestic exports are for further below--trend growth as the global economy slowly recovers."
The data is expected on Sept 17.
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"Singapore's electronics exports have been weak because of competition from higher--scale regional producers and the continued softness in global PC demand," Moody's Analytics says.
"Pharmaceuticals exports meanwhile have been cyclical, and have also been hurt by problems in Europe." The two segments are important components of the non-oil domestic exports of Singapore.
"Overall, the outlook for Singapore's non-oil domestic exports are for further below--trend growth as the global economy slowly recovers."
The data is expected on Sept 17.
Click Here To Register For Free Trial Services OR Give A Missed Call : +6531581402 Follow Us On Twitter : www.twitter.com/epicresearchsg Like Us On Facebook : www.facebook.com/EpicResearchSingapore Need Any Assistance Feel Free To Mail Us at : info@epicresearch.sg
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