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Singapore's Export, Import Prices Rise in April

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Singapore's Export Price Index rose 13.3% year on year in April, following an 8.7% rise in the preceding month, the city-state's Department of Statistics reported Friday.

The Non-Oil Export Index gained 1.9%, while the Oil Export Index surged 67.2% on-year during the month.

Meanwhile, the Import Price Index rose 18.4% year on year in April, extending a 17.1% decline in the preceding month.

The Non-Oil Import Index gained 3.6% and the Oil Import Index surged 72.6% on year, the data showed.

On a month-on-month basis, the Export Price Index rose 3%, while the Import Price Index fell 0.3%, the data showed.

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