Sin­ga­pore GDP grows 2.6% in Q3

China Daily (Hong Kong) - - BUSINESS -

Sin­ga­pore’s Min­istry of Trade and In­dus­try an­nounced on Fri­day morn­ing that based on ad­vance es­ti­mates, the coun­try’s gross do­mes­tic prod­uct for the third quar­ter of 2018 grew 2.6 per­cent year-onyear. It is lower than the GDP growth of 4.1 per­cent for the sec­ond quar­ter of 2018. On a quar­ter-on-quar­ter sea­son­ally-ad­justed an­nu­al­ized ba­sis, Sin­ga­pore’s econ­omy ex­panded by 4.7 per­cent in the third quar­ter, higher than the re­cal­cu­lated 1.2 per­cent growth in the pre­vi­ous quar­ter.

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