Singapore Q3 GDP growth seen losing momentum, trade war dims outlook


Singapore's Hawker Centre. - Filepic

SINGAPORE: Singapore is expected to report slower third-quarter economic growth than initially thought, a Reuters poll showed, as the manufacturing sector faces strains from weaker global demand and an intensifying trade dispute between the United States and China.

The government’s finalised gross domestic product (GDP) was forecast to rise 4.2% in July-September from the quarter earlier on a seasonally adjusted and annualised basis, the poll of 11 economists showed, below the 4.7% rise seen in the advanced estimate but still much stronger that the 1.2% growth clocked in the second quarter.

Play, subscribe and stand a chance to win prizes worth over RM39,000! T&C applies.

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Business , singapore

Next In Business News

H&M’s credibility gap
Nostalgia is a soothing balm
Testing times for tech sector
Software pain bites private markets
Stepping on the gas
Choppy seas ahead
Hedge fund cash reshapes reinsurance model
Malaysia cannot afford to delay carbon pricing
Conflict sows fertiliser shock
Not sleeping on the job

Others Also Read