Singapore’s economy unexpectedly expands as outlook improves: Update

Singapore’s economy unexpectedly expanded last quarter as manufacturing declined less than initially estimated amid recoveries in advanced countries. Gross domestic product rose an annualized 0.1% in the three months through June from the previous quarter, when it climbed a revised 1.8%, the trade ministry said in a statement today. That compares with a July estimate of a 0.8% contraction and ...



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