Singapore's Export Price Index fell 4.3% year on year in February, following a 6% decrease in the preceding month, as the Non-Oil Index slipped 2.0%, while the Oil Index dropped 14.1% on year during the month, the city-state's Department of Statistics reported Friday.
Meanwhile, the Import Price Index fell 1.4% year on year in February, following a 4.0% decline in the preceding month.
The Non-Oil Index rose 1.6% and the Oil Index fell 11.3% on year, the data showed.
On a month-on-month basis, the Export Price Index rose 1.1%, while the Import Price Index rose 1.2%, unchanged from January, the data showed.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments