Chart of the Day: Total trade down 3.7%
This follows the 7.1% decrease in the previous month.
International Enterprise Singapore reported:
On a y-o-y basis, total trade contracted by 3.7 per cent in September 2012, following the 7.1 per cent decrease in the previous month. Total exports declined by 6.4 per cent in September 2012, after contracting by 6.0 per cent in the previous month. Total imports decreased by 0.5 per cent in September 2012, following the 8.3 per cent decline in the preceding month.