Singapore Export Growth Unexpectedly Quickens on Pharmaceuticals
This article is for subscribers only.
Singapore’s export growth unexpectedly quickened in June as pharmaceutical shipments rebounded, countering a smaller increase in electronics sales.
Non-oil domestic exports climbed 6.8 percent from a year earlier, after a 3.2 percent gain in May, the trade promotion agency said in a statement today. The median of 13 estimates in a Bloomberg News survey was for a 2 percent increase.