OCBC warns Singapore NODX August surge may be unsustainable
OCBC's Selena Ling says Singapore’s August nonoil domestic exports (NODX) rebound of 46.2% y/y may be overstated and potentially unsustainable.
OCBC's Selena Ling said in a report that Singapore's "blockbuster" nonoil domestic exports performance in August is likely to prove unsustainable. 2% from a year earlier last month, the strongest expansion since October 1988, although the latest data may have overstated the underlyi…