星期五, 十月 16, 2009

exports tumble

just a few days ago, we heard about the growth of our GDP...now?

"Singapore's key exports fell for the 17th consecutive month ", "crucial markets including the US and European Union continued to decline".



Singapore's key exports tumble in September
Posted: 16 October 2009 1446 hrs

http://www.channelnewsasia.com/stories/afp_asiapacific_business/view/1011741/1/.html

SINGAPORE - Singapore's key exports fell for the 17th consecutive month in September as demand from crucial markets including the US and European Union continued to decline, data released Friday showed.

Non-oil domestic exports (NODX) fell 7.2 percent in September from a year earlier to S$12.81 billion, trade promotion body International Enterprise Singapore (IE Singapore) said in a statement.

The decline was sharper than the average 6.0 percent fall forecast by analysts in a Dow Jones Newswires poll.

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