Analysts See H2 Rebound for Non-oil Domestic Exports
Analysts See H2 Rebound for Non-oil Domestic Exports
Sector to benefit from a more favourable global backdrop.
該行業將受益於更有利的全球背景。
Singapore's non-oil domestic exports (NODX) could still rebound in the second half of the year even after posting a worse-than-expected fall in June, according to RHB.
根據RhB的數據，即使在6月份公佈的跌幅低於預期之後，新加坡的非石油國內出口（NODX）仍可能在下半年反彈。
Economists at RHB expect NODX to gradually increase through the rest of the year and post a 0.5% increase for the whole of 2024.
RhB的經濟學家預計，NODX將在今年餘下的時間裏逐漸上漲，2024年全年將增長0.5％。
The 8.7% YoY drop in June marked the fifth consecutive month of decline was primarily driven by weak electronic and non-electronic shipments. With NODX's inherent unpredictability, particularly for volatile items, last month's disappointing print does not signal a long-term trend for the entire segment, according to the analysts.
6月份同比下降8.7％，這是連續第五個月下降，這主要是由電子和非電子出貨量疲軟推動的。分析師表示，由於NODX固有的不可預測性，尤其是波動性股票的不可預測性，上個月令人失望的表現並不能預示整個細分市場的長期趨勢。
The improving global economic climate could also help lift Singapore's exports in the year ahead, they said.
他們說，全球經濟環境的改善也可能有助於提振新加坡未來一年的出口。
Manufacturing and trade-related sectors will likely be the main drivers of growth for NODX in the second half thanks to the upswing in the global tech cycle.
由於全球科技週期的上升，製造業和貿易相關行業可能成爲NODX下半年增長的主要驅動力。