The 'Export Prices YoY' in Singapore measures the year-over-year change in the prices of goods and services sold abroad. It is a critical indicator of competitiveness and inflationary pressures in the economy. Rising export prices can signal stronger demand for Singapore's goods, potentially boosting economic growth, while also impacting inflation and monetary policy. For financial markets, significant changes in export prices can influence currency valuation and trade balance expectations.
The 'Export Prices YoY' in Singapore measures the year-over-year change in the prices of goods and services sold abroad. It is a critical indicator of competitiveness and inflationary pressures in the economy. Rising export prices can signal stronger demand for Singapore's goods, potentially boos...