Singapore'S Exports Fell 4.5% In September
Announced by Singapore International Business Development Bureau in October 17th
data
In September, Singapore's exports (non oil products) fell by 4.5%, far behind the 3.5% positive growth expected by the market.
Data showed that exports of electronic products in Singapore fell 14% in September, down by 19% compared with August.
Among them, the disk drive exports fell sharply by 54% compared with the same period last year, and the exports of IC and IC components decreased by 9.1% and 29% respectively.
Singapore's non electronics exports increased by 0.9% in the same month, but the increase was 18% larger than that in August.
shrink
。
By region, Singapore in September to the European Union
Exit
An increase of 5% over the same period, a 35.5% drop in exports to the United States, and a 4.6% rise in exports to China.
Analysts say Singapore's future economic growth is expected to slow down due to increased external economic uncertainties.
In October 14th, the Singapore monetary authority lowered its economic growth this year.
Expect
From 5% to 6% to 5%.
The Council also announced the relaxation of monetary policy on the same day to ensure economic growth.
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