SINGAPORE: Singapore's economy grew less than expected in the third quarter from the previous three months on an annualised basis, but avoided slipping into a technical recession, preliminary data showed on Monday.
Gross domestic product (GDP) rose 0.6% in the July-September quarter from the previous quarter on an anualised and seasonally adjusted basis, the Ministry of Trade and Industry said in a statement, compared with a revised 2.7% contraction the quarter before.
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