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Wednesday, March 16, 2011

Singapore Export Growth Slowdown Worse Than Expected

RTTNews, 17 Mar 2011Singapore's non-oil domestic exports grew 7.8 percent year-on-year in February, with the rate of growth decelerating from a 21 percent expansion in the previous month, the International Enterprise Singapore said Thursday.Economists had forecast growth to ease to 10.5 percent. On a seasonally adjusted month-on-month basis, shipments rose 2.9 percent in February. Full