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).

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Singapore , GDP , economy , recovery

   

Next In Aseanplus News

Boris Becker to be discharged from bankruptcy - lawyer
Soccer-FIFA signs four year worldwide partnership deal with Saudi Aramco
KKB by-election: Perikatan names Khairul Azhari Saut as candidate
Soccer-Female refereeing team to take charge of Serie A game for first time
Harvey Weinstein's rape conviction is overturned by top New York court
Asean News Headlines at 10pm on Thursday (April 25, 2024)
Pakistan’s ‘horror zoo’ reborn as rehab centre for abused wildlife
Critically endangered Raffles’ banded langur spotted on Singapore's Eco-Link for the first time
Bomb squad rushed to KLIA after 'explosive' laptop found
Indonesian authorities keep tabs on two villages despite lower eruption alert on Mount Ruang

Others Also Read