Singapore economy growth beats forecast in third quarter

The 1.1% expansion in July-September was driven by the construction industry and services sector, including tourism. — AFP

Singapore: Singapore’s economy grew more than expected in the third quarter, data showed yesterday, while officials narrowed their full-year forecast owing to subdued demand for its exports in key markets including the United States and China.

The 1.1% expansion in July-September was driven by the construction industry and services sector, including tourism.