Singapore GDP shrinks at slower 7% rate in Q3 as economy set to recover


The rebound comes after the 13.2 per cent quarter-on-quarter plunge in the second quarter. - ST

SINGAPORE (The Straits Times/ANN): Singapore's economy rebounded in the third quarter from the doldrums of the circuit breaker period in the earlier three months on the back of its manufacturing sector.

The Republic's gross domestic product (GDP) rose by 7.9 per cent on a quarter-on-quarter seasonally adjusted basis in the July to September period, according to the Ministry of Trade and Industry's advanced estimates released on Wednesday (Oct 14).

The Star Christmas Special Promo: Save 35% OFF Yearly. T&C applies.

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Singapore , GDP , economy , recovery

Next In Aseanplus News

A year of unanswered longing at Muan airport
A festival 10 years in the making
Border talks in doubt over venue
Digital Trojan Horse reined in
Second try at completing a reusable rocket test fails
Former emperor turns 92 as heart condition stabilises
Kim welcomes tourists to lavish new mountain resort
Bill to rule rebellion, treason
Asean news headlines as of 10pm on Tuesday (Dec 23)
Nearly five years’ jail for Singapore man who used different schemes to cheat 37 victims of over S$1.4mil

Others Also Read