Singapore economic growth in Q1 0.7% q/q (expected 0.8%) and 3.7% y/y (expected 3.7%)

Singapore GDP from January to March 2022

+0.7% q/q

  • expected 0.8%, before 1.4%

+3.7% y/y

  • expected 3.7%, before 3.4%

Singapore’s Department of Trade and Industry said it stood by its GDP forecast of 3-5% for the year, but growth was expected to be at the lower end of that range.


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