Singapore Q2 GDP likely revised higher on stronger factory output

Cause for concern: Singapore

SINGAPORE: Singapore’s economy is expected to have edged higher than initially expected in the second quarter thanks to a surge in factory activity, a Reuters poll found.

From the year earlier, Singapore’s second quarter final gross domestic product (GDP) was forecast to expand 4.1%, up from the 3.8% growth in the initial estimates announced in July but slower than the 4.3% growth seen in the first quarter, the poll’s median of 10 economist showed.