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2012 GDP Growth Forecast Narrowed to 1.5 to 2.5 Per Cent

2012 GDP Growth Forecast Narrowed to 1.5 to 2.5 Per Cent

​2012 GDP Growth Forecast Narrowed to 1.5 to 2.5 Per Cent

The Singapore economy grew by 2.0 per cent on a year-on-year basis in the second quarter of 2012, compared to 1.5 per cent in the preceding quarter. On a quarter-on-quarter seasonally-adjusted annualised basis, the economy contracted by 0.7 per cent, reversing the 9.5 per cent growth in the previous quarter.   

Please click here for the full press release.

Economic Survey of Singapore Second Quarter 2012

 

MINISTRY OF TRADE AND INDUSTRY

10 August 2012

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