Singapore Q2 GDP up 2.9% y/y, matching advance estimate

FILE PHOTO: A view of the Monetary Authority of Singapore's headquarters in Singapore June 28, 2017. Picture taken June 28, 2017. REUTERS/Darren Whiteside/File Photo

SINGAPORE: Singapore's economy grew 2.9% in the April-June quarter from a year earlier, matching the official advance estimate and above market expectations, government data showed on Tuesday.

The trade ministry said it had adjusted its GDP growth forecast range for 2024 to 2.0% to 3.0%, from 1.0% to 3.0% previously.