Singapore Q3 GDP +5.4% y/y (expected +4.6%, preliminary 4.1%)

Singapore Q3 GDP

3.2% q/q

• expected 2.5%, preliminary was 2.1%

+5.4% y/y

• expected +4.6%, preliminary 4.1%

Singapore’s trade ministry upgraded its GDP growth forecast for 2024 to
“around 3.5%” from a previous range of 2.0% to 3.0%.

• The ministry said it expects growth of 1.0% to 3.0% in
  2025.

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