July NODX slide improves but no rebound in sight

11.2% fall outperforms forecasts; but double-digit tumble is fifth consecutive retreat


EXPORT recovery is nowhere in sight for trade-dependent Singapore even as the country's latest key non-oil domestic exports (NODX) performed better than expected.

While last month's 11.2 per cent year-on-year fall in the NODX was not as bad as the median 15.4 per cent