14 July 2022. Based on advance estimates, the Singapore economy grew by 4.8 per cent on a year-on-year basis in the second quarter of 2022, extending the 4.0 per cent growth recorded in the previous quarter. On a quarter-on-quarter seasonally-adjusted basis, GDP was unchanged in the second quarter, after posting an expansion of 0.9 per cent in the first quarter.

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MINISTRY OF TRADE AND INDUSTRY
14 July 2022