Singapore August Exports Likely Contracted 7.1% On Year - Economists

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SINGAPORE -(Dow Jones)- Singapore's exports likely contracted at a faster pace in August as a high base of comparison and a strong local currency accentuated the decline in shipments amid a weak global economy.
Non-oil domestic exports likely fell 7.1% from a year earlier in August, wider than July's contraction of 2.8%, according to the median estimate in a Dow Jones Newswires poll of 10 economists. Full story