Singapore's NODX growth projected to slow down to 6.7% in 2018

Singapore's NODX growth projected to slow down to 6.7% in 2018

Singapore Business Review·2018-01-20 22:05

How will GDP growth be affected by the moderation?

Singapore’s stellar exports performance in 2017 is starting to lose pace as exports of integrated circuits, computer parts, and printed circuit board (PCB) parts slumped before the year ended.

NODX growth is now projected to moderate to 6.7% this year, a measly 2.1ppt slide from 2017’s 8.8% in 2017, according to a report from CIMB.

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Singapore Economy