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Press Release
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14 OCT 2022
Singapore's Economy Expanded by 4.4 Per Cent in the Third Quarter of 2022
Singapore's Economy Expanded by 4.4 Per Cent in the Third Quarter of 2022
14 October 2022. Based on advance estimates, the Singapore economy grew by 4.4 per cent on a year-on-year basis in the third quarter of 2022, easing slightly from the 4.5 per cent growth in the previous quarter. On a quarter-on quarter seasonally-adjusted basis, the economy expanded by 1.5 per cent, a turnaround from the 0.2 per cent contraction in the preceding quarter.
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MINISTRY OF TRADE AND INDUSTRY
14 October 2022