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MTI Maintains its 2013 GDP Growth Forecast at 1.0 to 3.0 Per Cent

22 February 2013

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22 February 2013. The Ministry of Trade and Industry (MTI) announced today that the Singapore economy grew by 1.3 per cent in 2012 and maintains the growth forecast for 2013 at 1.0 to 3.0 per cent.

Performance in Fourth Quarter 2012

The Singapore economy grew by 1.5 per cent on a year-on-year basis in the fourth quarter of 2012, an improvement from the flat growth recorded in the preceding quarter. On a quarter-on-quarter seasonally-adjusted annualised basis, the economy grew by 3.3 per cent, a reversal from the 4.6 per cent contraction in the third quarter.

Download the full press release [PDF, 62 KB].

Economic Survey of Singapore 2012

MINISTRY OF TRADE AND INDUSTRY

22 February 2013

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