STI
STI
Market read
Singapore's non-oil domestic exports in June underperformed expectations, yet electronic exports surged well above the previous growth rate, reflecting divergence across sectors. These figures matter for STI as they indicate the health of key export industries and Singapore's economic growth momentum.
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@FirstSquawk · 07/17, 07:34 AM
Event soonSingapore's June non-oil domestic exports rose 20.7% year-on-year, below the previous 38.4% and estimated 28.7%. Electronic exports surged 105.1% year-on-year, exceeding the previous 94.8%.
Singapore's non-oil domestic exports in June underperformed expectations, yet electronic exports surged well above the previous growth rate, reflecting divergence across sectors. These figures matter for STI as they indicate the health of key export industries and Singapore's economic growth momentum.
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