Singapore third-quarter GDP growth softens from four-year high but beats estimates

Share

Singapore’s economic growth slowed in the third quarter of 2026, with GDP rising 5.4% after hitting a four-year high in the previous quarter. This figure nonetheless beat economist expectations of 5% growth according to a Reuters poll. The manufacturing sector, which contributes about 20% of the city-state’s GDP, declined, though this was offset by an expansion in construction. The Monetary Authority of Singapore held its monetary policy steady, marking a pause after two consecutive rounds of tightening.

Source: Read the original article

Disclaimer: this content is for information purposes only and is not financial advice. Cryptocurrencies are highly volatile: you may lose all of your capital. Always do your own research. Legal notice
Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

Read More

Items