Plus   Neg

Singapore GDP Adds 2.2% In Q2

Singapore's gross domestic product expanded 2.2 percent on quarter in the second three months of 2017, the Ministry of Trade and Industry said on Friday.

That follows the downwardly revised 2.1 percent contraction in the three months prior (originally -1.3 percent).

On a yearly basis, GDP climbed 2.9 percent, up from the downwardly revised 2.5 percent gain in the first quarter (originally 2.7 percent).

Upon the release of the data, the MTI narrowed its GDP forecast for 2017 to 2.0 to 3.0 percent from 1.0 to 3.0 percent.

by RTTNews Staff Writer

For comments and feedback: editorial@rttnews.com

Economic News

What parts of the world are seeing the best (and worst) economic performances lately? Click here to check out our Econ Scorecard and find out! See up-to-the-moment rankings for the best and worst performers in GDP, unemployment rate, inflation and much more.

Follow RTT