Non-oil exports increased 6.8% y/y in June.

By bne IntelliNews July 18, 2012
Singapore's non-oil exports increased 6.8% y/y in June this year, as compared to the growth of 3.2% y/y posted in May. As reported by Dow Jones International News, the country's non-oil exports grew during the period, as a result of the increase in non-electronics shipments, which were driven by a increase in the highly volatile pharmaceutical drugs sector. The country's to the European Union, its largest export destination, increased 17.0% y/y during the period.

Non-oil exports increased 6.8% y/y in June.

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