12 April 2024. Based on advance estimates, the Singapore economy grew by 2.7 per cent on a year-on-year basis in the first quarter of 2024, faster than the 2.2 per cent growth in the previous quarter. On a quarter-on-quarter seasonally adjusted basis, the economy expanded by 0.1 per cent, extending the 1.2 per cent expansion in the fourth quarter of 2023.

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MINISTRY OF TRADE AND INDUSTRY
12 April 2024