FOREX TradingCharts.com

Financial News: Singapore Non-Oil Exports Spike 8.2% On Month In

Singapore Non-Oil Exports Spike 8.2% On Month In February

03/16/2021 - 21:31:00 (RTTNews)

(RTTNews) - The value of non-oil domestic exports (NODX) in Singapore climbed a seasonally adjusted 8.2 percent on month in February, Enterprise Singapore said on Wednesday.

That beat forecasts for a decline of 1.0 percent following the downwardly revised 6.9 percent increase in January (originally 7.0 percent).

On a yearly basis, exports gained 4.2 percent - shy of expectations for 6.6 percent following the downwardly revised 12.7 percent increase in the previous month (originally 12.8 percent).

Total trade was down 3.3 percent on year after slipping 1.9 percent in January.

Total exports declined by 2.0 percent in February 2021, after the previous month's 1.1 percent rise. Total imports decreased by 4.6 percent in February 2021, following the 5.2 percent decline in January 2021.

Total trade was up 6.0 percent on month to S$91.8 billion in February after rising 5.7 percent to S$86.6 billion in January.

Total exports rose by 6.3 percent in February 2021, after the 5.2 percent growth in January 2021. Total imports grew by 5.7 percent in February 2021, following the 6.3 percent increase in January 2021.

The level of NODX reached S$16.7 billion in February 2021, higher than the previous month's S$15.4 billion.

On a yearly basis, oil domestic exports tumbled 28.0 percent in February, following the 37.8 percent contraction in the preceding month. Lower exports to the EU 27 (-59.8 percent), Hong Kong (-42.9 percent) and Malaysia (-26.2 percent) contributed to the annual contraction of oil domestic exports.

In volume terms, oil domestic exports dropped 29.6 percent in February following the 27.7 percent decline in the previous month. On a monthly basis, oil domestic exports grew by 6.4 percent in February following the 6.2 percent increase in January.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2021 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


U.S. Consumer Sentiment Improves Less Than Expected In April (05 hr(s), 57 min(s), 25 sec(s) ago)
(RTTNews) - After reporting a substantial rebound in U.S. consumer sentiment in the previous month ...Full Story»

U.S. Housing Starts Skyrocket To Highest Level Since June 2006 (07 hr(s), 43 min(s), 25 sec(s) ago)
(RTTNews) - A report released by the Commerce Department on Friday showed a substantial rebound in ...Full Story»

U.S. Housing Starts Rebound Much More Than Expected In March (08 hr(s), 36 min(s), 25 sec(s) ago)
(RTTNews) - A report released by the Commerce Department on Friday showed a substantial rebound in ...Full Story»

Malta HICP Inflation Steady At 0.1% In March (10 hr(s), 10 min(s), 25 sec(s) ago)
(RTTNews) - Malta's EU measure of inflation remained stable in March, data from the National S ...Full Story»

Croatia Consumer Prices Rise For Second Month (11 hr(s), 16 min(s), 25 sec(s) ago)
(RTTNews) - Croatia's consumer prices increased for the second straight month in March, figure ...Full Story»

Eurozone Trade Surplus Declines In February (11 hr(s), 50 min(s), 25 sec(s) ago)
(RTTNews) - The euro area trade surplus declined in February as exports decreased amid rising impo ...Full Story»

Eurozone Inflation Rises As Estimated (12 hr(s), 03 min(s), 25 sec(s) ago)
(RTTNews) - Eurozone consumer prices increased as initially estimated in March, final data from Eu ...Full Story»

Italy Trade Surplus Declines In February (12 hr(s), 45 min(s), 25 sec(s) ago)
(RTTNews) - Italy's trade surplus decreased in February, data from the statistical office Ista ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

U.S. Consumer Sentiment Improves Less Than Expected In April

04/16/2021 - 11:21 AM (RTTNews)
(RTTNews) - After reporting a substantial rebound in U.S. consumer sentiment in the previous month ...Full Story>>

U.S. Housing Starts Skyrocket To Highest Level Since June 2006

04/16/2021 - 09:35 AM (RTTNews)
(RTTNews) - A report released by the Commerce Department on Friday showed a substantial rebound in ...Full Story>>

U.S. Housing Starts Rebound Much More Than Expected In March

04/16/2021 - 08:42 AM (RTTNews)
(RTTNews) - A report released by the Commerce Department on Friday showed a substantial rebound in ...Full Story>>

Malta HICP Inflation Steady At 0.1% In March

04/16/2021 - 07:08 AM (RTTNews)
(RTTNews) - Malta's EU measure of inflation remained stable in March, data from the National S ...Full Story>>

Croatia Consumer Prices Rise For Second Month

04/16/2021 - 06:02 AM (RTTNews)
(RTTNews) - Croatia's consumer prices increased for the second straight month in March, figure ...Full Story>>

Do not sell my personal information

Copyright © 2021. All market data is provided by Barchart Solutions. Information is provided "as is" and solely for informational purposes, not for trading purposes or advice. To see all exchange delays and terms of use, please see disclaimer.