Singapore Exports Fall More Than Estimated on Electronics Slump

Bloomberg, 17 Jun 2013
Singapore’s exports fell more than economists estimated in May as manufacturers shipped fewer electronics after an uneven global recovery hurt demand.
Non-oil domestic exports slid 4.6 percent from a year earlier, after falling 1 percent in April, the trade promotion agency said in a statement today. The median of 10 estimates in a Bloomberg News survey was for a 0.2 percent drop. Shipments of electronics dropped 13.2 percent from a year ago, extending the slump to a 10th month. Full story
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