The Straits Times
On a year-on-year basis, most retail industries saw improvements in February.PHOTO: ST FILE
PublishedApr 5, 2021, 1:00 pm SGT
https://str.sg/JC25
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SINGAPORE - Singapore s non-oil domestic exports (Nodx) continued to expand, but at a slower rate in February, on the back of a rise in both electronic and non-electronic shipments, according to data out by Enterprise Singapore (ESG) on Wednesday (March 17).
Nodx rose 4.2 per cent last month compared with the same period last year, moderating from the 12.7 per cent surge in January. It is also lower than the 6.1 per cent growth forecast by analysts in a Bloomberg poll.
Electronic Nodx grew 7.4 per cent year-on-year, following the 13.5 per cent growth in January. This was due to an expansion in personal computers, which had contracted in February last year amid the global electronics downcycle, ESG noted.
SINGAPORE - Singapore's manufacturing sector continued growing, as factory activity recorded an eighth straight month of expansion in February, though at a slightly slower rate.. Read more at straitstimes.com.