Singapore's gross domestic product expanded 2.9 percent on year in the second quarter of 2024, the Ministry of Trade and Industry said in Friday's preliminary reading.
That exceeded expectations for an increase of 2.7 percent following the upwardly revised 3.0 percent gain in the three months prior (originally 2.7 percent).
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May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.