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2014 GDP Growth Forecast is Narrowed to 2.5 to 3.5 Per Cent

12 August 2014

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12 August 2014. The Ministry of Trade and Industry (MTI) announced today that it has narrowed its GDP growth forecast for 2014 to 2.5 to 3.5 per cent.

Performance in Second Quarter 2014

The Singapore economy grew by 2.4 per cent on a year-on-year basis in the second quarter, moderating from the 4.8 per cent growth in the previous quarter. On a quarter-on-quarter seasonally-adjusted annualised basis, the economy expanded by 0.1 per cent, slower than the 1.8 per cent growth in the preceding quarter.

Download the full press release [PDF, 64 KB]

Economic Survey of Singapore Second Quarter 2014

MINISTRY OF TRADE AND INDUSTRY

12 August 2014


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