SINGAPORE: Singapore’s economic contraction is expected to have moderated in the fourth quarter, as the city-state lifted more coronavirus-related curbs due to a drop in local infections.
Gross domestic product (GDP) is seen falling 4.5% from the same period a year earlier, according to the median forecast of economists in a Reuters poll, marking the fourth straight quarter of decline. The economy had shrunk 5.8% in the third quarter.
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