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Singapore’s GDP grow by 3.4 pct on year in Q1

april 14, 2022by Reacties uitgeschakeld voor Singapore’s GDP grow by 3.4 pct on year in Q1

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SINGAPORE, April 14 (Xinhua) — Singapore’s Ministry of Trade and Industry announced on Thursday morning that based on advance estimates, the country’s gross domestic product (GDP) grew by 3.4 percent year on year in the first quarter of 2022, moderating from the 6.1 percent growth in the previous quarter.

On a seasonally-adjusted basis, the Singapore economy grew by 0.4 percent quarter on quarter, compared to t

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