Singapore's Non-Oil Exports Plunge Most in Three Years in March

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Singapore’s exports plunged the most in more than three years in March, providing more evidence of a weakening economy.

Non-oil domestic exports dropped 15.6 percent in March from a year earlier, worse than the median estimate of a 12.3 percent decline in a Bloomberg survey of 15 economists, and compared with a revised 2 percent expansion in February, a government report showed on Monday. Electronics shipments contracted 9.1 percent in March.