> Singapore export data, fall in August m/m

Singapore export data, fall in August m/m

Friday, 16/09/2016 | 00:34 GMT-0

Export data from Singapore for August

Non-oil domestic exports flat y/y (0.0 pct y/y change against a Reuters expected of -4.1 pct)
NODX did fall for the m/m, thou: -1.9% m/m seasonally adjusted (Reuters expected was -2.9 pct)

Breaking it down by region:

NODX to china -5.4 pct y/y vs -16.6 pct y/y in July
+4.8 pct y/y to the US vs -19.1 pct y/y in July
To Europe -15.6 pct y/y vs +3.0 pct y/y in July

Those results are a bit all over the place. Overall exports not as poor as expected, which is something I guess. The US appears to the global economic powerhouse at present. The cleanest dirty shirt, right?