Singapore trade forecast: Mild deceleration in November

October steam is running out, predicts Moody's Analytics.

In its latest "Dismal Scientist" Asia-Pacific preview, the data research firm said Singapore's nonoil domestic exports recovered in October but likely decelerated mildly in November.

"Some inventory restocking drove the gains in October, but this would have faded. Singapore's tech exports are recovering, but the outlook remains downbeat because of the weak prospects for personal computer sales and the steady shift elsewhere for production," it explained.

Official data comes out 12:30AM GMT today.



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