PREVIEW: Singapore exports are expected to have grown by 2.1% in November compared to the same month last year, settling down from a 7.9% surge in October, according to the median estimate of 12 economists in a Dow Jones Newswires poll. The year-on-year growth won't be as large as October's in part due to a high base in November of last year. Nine of the economists polled tip a median 4.0% rise in November on a month-to-month basis. "We think there will be support from a pickup in demand from U.S. and China," says Aninda Mitra, head of Southeast Asia economics at ANZ, whose own forecast for year-on-year growth is above consensus at 4.2%. "Export orders in the PMI have held up quite well. It's still below 50, but better than we had seen in previous months," he says.
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