Economists Optimistic About NODX Rebound Despite August Contraction
Economists Optimistic About NODX Rebound Despite August Contraction
RHB stated it is not concerned about the MoM decline for three reasons: strong electronics exports, a recovery in pharmaceutical exports, and ongoing global growth.NODX fell 4.7% MoM in August.
8月份NODX环比下降了4.7%。
Economists remain optimistic about the rebound of non-oil domestic exports (NODX) despite sequential contraction in August.
尽管8月份连续下降，但经济学家对非石油国内出口（NODX）的反弹仍然持乐观态度。
In August, NODX fell by 4.7% month-on-month (MoM) and posted slower year-on-year growth of 10.7%.
8月份，NODX环比下降了4.7%，同比增长放缓至10.7%。
RHB stated it is not concerned about the MoM decline for three reasons: strong electronics exports, a recovery in pharmaceutical exports, and ongoing global growth.
RHb表示，对于环比下降并不担心，有三个原因：电子产品出口强劲，药品出口恢复，全球经济持续增长。
UOB is also upbeat about NODX's recovery, anticipating a meaningful sequential rebound in Q4 2024.
UOb对于NODX的复苏也持乐观态度，预计2024年第四季度将出现实质性反弹。
It has also nudged its full-year 2024 NODX growth forecast slightly higher, from 2.5% to 3.0%.
它还将2024年全年NODX增长预测略微上调，从2.5%提高至3.0%。
Nomura reported that NODX growth averaged 13.3% year-on-year in July-August, a sharp rise from -6.5% in Q2, supported by a significant improvement in electronics exports.
野村证券报告称，7月至8月NODX同比增长平均为13.3%，大幅上升，而第二季度为-6.5%，得益于电子产品出口的显著改善。