Singapore growth rebounds to fastest in more than a decade - an insight by Bloomberg

The financial business district is pictured from the Helix Bridge in Singapore on Monday, January 3, 2022. - AFP

SINGAPORE, Jan 3 (Bloomberg): Singapore’s recovery accelerated in the final three months of 2021, with easing virus restrictions and strong manufacturing helping push the economy to its fastest full-year growth in more than a decade.

Gross domestic product expanded 2.6% on a seasonally adjusted basis from the previous three months, according to advance estimates Monday from the Ministry of Trade and Industry, beating a median 2.1% forecast in a Bloomberg survey of economists.