Singapore's Q3 GDP beats earlier expectations: +1.4% q/q

<p>

<title></title>

<style type="text/css">
@page { size: 21cm 29.7cm; margin: 2cm }
p { line-height: 115%; margin-bottom: 0.25cm; background: transparent }
</style>

</p><p>
Singapore Q3 GDP +1.1% y/y vs Reuters poll +0.7%</p>
<ul><li>Singapore Q3 GDP
+1.4% q/q at seasonally adjusted rate</li></ul>
<p>Singapore Ministry
of Trade and Industry (MTI) forecasts 2023 GDP growth of around +1.0%</p>
<ul><li> forecasts 2024 GDP
growth of +1.0% to +3.0%</li><li> says Singapore's
manufacturing and trade-related sectors likely to remain weak for
rest of 2023</li><li> says in 2024,
growth prospects of manufacturing and trade-related sectors in
Singapore expected to improve</li><li> says in 2024,
growth in wholesale trade sector projected to strengthen</li><li> says in 2024,
consumer-facing sectors like retail trade and food &amp;amp; beverage
services projected to continue to expand</li></ul>

<p><br></p><p><br></p>

This article was written by Eamonn Sheridan at www.forexlive.com.