12 July 2024. Based on advance estimates, the Singapore economy grew by 2.9 per cent on a year-on-year basis in the second quarter of 2024, extending the 3.0 per cent growth in the previous quarter. On a quarter-on-quarter seasonally-adjusted basis, the economy expanded by 0.4 per cent, slightly faster than the 0.3 per cent expansion in the first quarter of 2024.

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MINISTRY OF TRADE AND INDUSTRY
12 July 2024