Singapore GDP growth to moderate in Q4 on Omicron worries

Gross domestic product (GDP) is seen expanding 5.4% from the same period a year earlier, according to the median forecast of economists in a Reuters poll, marking the fourth straight quarter of growth. The economy grew 7.1% in the third quarter.(File pic: Singapore's iconic Merlion with the business district in the background.)ourists masks

SINGAPORE: Singapore’s economic growth is expected to have moderated in the fourth quarter, partly hurt by uncertainty caused by the Omicron Covid-19 variant and analysts say the outlook for next year will hinge on the global progress made against the pandemic.

Gross domestic product (GDP) is seen expanding 5.4% from the same period a year earlier, according to the median forecast of economists in a Reuters poll, marking the fourth straight quarter of growth.