Singapore's gross domestic product jumped by a seasonally adjusted annualized 10.0 percent in the first quarter of 2012 compared to the previous three months, the Ministry of Trade and Industry said on Thursday in a final reading.
That was slightly higher than the 9.9 percent growth suggested in last month's flash estimate - but it fell shy of estimates for an 11.0 percent increase.
GDP was down 2.5 percent on quarter in Q4 2011.
On a yearly basis, GDP was up 1.6 percent - unchanged from the preliminary read, but also missing expectations for a 1.8 percent increase following the 3.6 percent gain in the previous three months.
Upon the release of the data, the MTI maintained its economic growth forecast for 2012 at 1.0 to 3.0 percent.
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