14 April 2022. Based on advance estimates, the Singapore economy grew by 3.4 per cent on a year-on-year basis in the first quarter of 2022, moderating from the 6.1 per cent growth in the preceding quarter. On a quarter-on-quarter seasonally-adjusted basis, the economy expanded by 0.4 per cent, slower than the 2.3 per cent growth in the previous quarter.

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MINISTRY OF TRADE AND INDUSTRY
14 April 2022