Singapore economy expands 0.2% in Q1; GDP 2021 projected to grow 4%-6%


SINGAPORE, April 14 (The Straits Times/ANN) - The Singapore economy posted an unexpected rise in first-quarter growth as gains in manufacturing were buttressed by signs of a nascent recovery in services industries.

Growth may continue to surprise for another quarter at least, partially helped by low base-year effects, and challenge the higher limit of the official forecast for this year.

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