Singapore’s GDP Growth Moderated in the Second Quarter of 2014​​

14 July 2014. Based on advance estimates, the Singapore economy grew by 2.1 per cent on a year-on-year basis in the second quarter of 2014, slower than the 4.7 per cent growth in the previous quarter. On a quarter-on-quarter seasonally-adjusted annualised basis, the economy contracted by 0.8 per cent, a reversal from the 1.6 per cent growth in the preceding quarter.

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MINISTRY OF TRADE AND INDUSTRY
14 July 2014