By Fiona Chan

SINGAPORE'S exports last month suffered their deepest plunge in almost seven years, signalling that the economy could shrink again in the fourth quarter.

Non-oil domestic exports dived for the seventh month in a row, down 17.5 per cent on top of a 15 per cent drop in October.

The 'usual suspects' - electronics and pharmaceuticals, which together make up half of exports - were mainly to blame, said HSBC economist Prakriti Sofat.

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