Singapore Non-Oil Domestic Exports Rise 4.7% In June



Non-oil domestic exports in Singapore were up 4.7 percent on year in June, International Enterprise Singapore said on Thursday. That beat forecasts for an increase of 2.0 percent following the 0.3 percent contraction in May. Electronics exports surged an annual 7.6 percent in June, also topping expectations for a gain of 2.4 percent following the 2.5 percent contraction in the previous month. Non-electronic exports were up 3.6 percent after adding 0.6 percent a month earlier. Non-oil re-exports gained 1.9 percent on year after falling 2.8 percent in May.

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