Singapore's full-year GDP growth forecast upgraded to 2-3%
02:51 Min
Singapore has upgraded its full-year GDP growth forecast to between 2 and 3 per cent, from a range of 1-3 per cent. It comes as the economy performed better than expected, with a 2.9 per cent expansion in the second quarter. Still, analysts say the revised outlook depends on the manufacturing sector and external demand. Nadirah Zaidi reports.
13 Aug 2024 10:27pm
Singapore has upgraded its full-year GDP growth forecast to between 2 and 3 per cent, from a range of 1-3 per cent. It comes as the economy performed better than expected, with a 2.9 per cent expansion in the second quarter. Still, analysts say the revised outlook depends on the manufacturing sector and external demand. Nadirah Zaidi reports.
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