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Singapore GDP Sinks 0.7% In Q1

Por: RTTNews Business April 14, 2023

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Singapore's gross domestic product contracted a seasonally adjusted 0.7 percent on quarter in the first quarter of 2023, the Ministry of Trade and Industry said in Friday's preliminary reading.That missed expectations for a decline of 0.2 percent following the downwardly revised 0.1 percent increase in the fourth quarter of 2022 (originally 0.3 percent).On an annualized basis, GDP was up 0.1 percent - again shy of forecasts for a gain... + full article



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