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MTI Revises 2010 Growth Forecast to 7.0 to 9.0 Per Cent

14 April 2010

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14 April 2010. The Ministry of Trade and Industry (MTI) announced today that it expects the Singapore economy to grow by 7.0 to 9.0 per cent in 2010.

Exceptionally Strong Growth in First Quarter 2010

Advance estimates indicate that Singapore’s GDP expanded strongly by 13.1per cent on a year-on-year basis in the first quarter of 2010. On a seasonally adjusted quarter-on-quarter annualised basis, Singapore’s GDP grew by 32.1 per cent.

Download the full press release [PDF, 118 KB].

MINISTRY OF TRADE AND INDUSTRY
14 April 2010

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