Economy Headline Animator

Tuesday, January 4, 2011

Singapore - Economy rebounds after manufacturing surge

Singapore’s GDP rose an annualized 6.9% in the three months through 31 Dec. Manufacturing rose 28.2% y-o-y after gaining a revised 13.8% in the previous quarter. Services grew 8.8% y-o-y, after climbing a revised 10% in the third quarter. Construction shrank 1.2%, compared with a 7.1% increase last quarter. (Bloomberg)

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