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Singapore GDP Growth To Ease In 2023: MTI

Por: RTTNews Business November 23, 2022

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Singapore's is set to expand at a much slower pace next year in tandem with the deterioration in external demand conditions, the Ministry of Trade and Industry said Wednesday. The city-state economy is expected to grow by 0.5 to 2.5 percent in 2023. The ministry downgraded its growth outlook for this year to around 3.5 percent from 3.0 percent to 4.0 percent estimated previously. In the third quarter, gross domestic product grew 4.1 percent... + full article



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