2012 GDP Growth Forecast Maintained at 1.0 to 3.0 Per Cent
The Singapore economy grew by 1.6 per cent on a year-on-year basis in the first quarter of 2012, compared to 3.6 per cent in the preceding quarter. On a quarter-on-quarter seasonally-adjusted annualised basis, the economy expanded by 10.0 per cent, reversing the 2.5 per cent contraction in the previous quarter.
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17 May 2012