GDP: 1.8%, while the forecast of 0.6%

GDP: 1.8%, while the forecast of 0.6% – indicator “GDP (YoY)” for the last quarter, contrary to expectations. The provisional official data published witnesses on Tuesday.

According to the report, by the Department of statistics of Singapore, this value (taking into account seasonal fluctuations) amounted to 1.8%, compared with 1.2% in the previous quarter. These data were revised in the direction of improvement with 1.1%.

Experts expect a decline in the index for the last quarter up to 0.6%.

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