‘S’pore growth likely to beat es­ti­mates’

New Straits Times - - Business -

SIN­GA­PORE: Sin­ga­pore’s econ­omy likely per­formed bet­ter than ini­tially ex­pected in the first quar­ter thanks to a surge in fac­tory out­put, al­though the out­look is clouded by slow­ing ex­ports to China, ac­cord­ing to an­a­lysts sur­veyed by Reuters. The me­dian es­ti­mate by the 11 econ­o­mists polled put gross do­mes­tic prod­uct growth at 2.7 per cent in the Jan­uaryMarch quar­ter from a year ear­lier. That would be bet­ter than the of­fi­cial ad­vance es­ti­mate of 2.5 per cent growth re­leased last month. Agen­cies

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