Damn good news. Sinkieland economy continues to contract. More CECAs needed to replace Sinkies.

[A Singaporean]

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Singapore's non-oil exports fall 3.1% in October, reversing growth from previous month



BusinessSingapore's non-oil exports fall 3.1% in October, reversing growth from previous month
A ferry boat sails past a container vessel docking at a port in Singapore on Aug 17, 2020. (Photo: AFP/Roslan Rahman)
17 Nov 2020 09:04AM(Updated: 17 Nov 2020 09:10AM)
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SINGAPORE: Singapore's October non-oil domestic exports (NODX) fell by 3.1 per cent year-on-year, missing forecasts by a significant margin, official data from Enterprise Singapore showed on Tuesday (Nov 17).
A Reuters poll of economists had predicted a 5.7 per cent increase for October. September's figure came in at a slightly revised 5.8 per cent increase.

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October's contraction marks the first decline after four straight months of growth.
On a seasonally adjusted month-on-month basis, exports fell by 5.3 per cent in October, following the previous month's 11.4 per cent contraction.
Total trade fell by 9 per cent in October on a year-on-year basis, following the 1.9 per cent decrease in the preceding month. This is mainly due to a continuing decrease in oil trade amid lower oil prices compared to a year ago.
Total exports fell by 8.6 per cent in October, after September's 2.1 per cent decline. Total imports also contracted by 9.3 per cent in October, after the 1.6 per cent decrease in September

 

[laksaboy]

Sinkieland export what oil? Coconut oil? Olive oil? Peanut oil?

 

[tanwahtiu]

Need to get tang ki to find ghost of LKY back to Parliament. Pinky the useless trainee PMship jaikleowbee.