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Financial News: Singapore Has SGD7.778 Billion Trade Surplus

Singapore Has SGD7.778 Billion Trade Surplus

01/16/2024 - 21:35:00 (RTTNews)

(RTTNews) - Singapore posted a merchandise trade surplus of SGD7.778 billion in December, Statistics Singapore said on Wednesday.

That's up from the SGD6.153 billion surplus in November.

Non-oil domestic exports were down 2.8 percent on month versus forecasts for a decline of 1.5 percent after adding 0.3 percent in the previous month.

On a yearly basis, NODX sank 1.5 percent - shy of forecasts for a gain of 3.3 percent after adding 1.0 percent a month earlier.

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