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Singapore 2Q GDP seen revised slightly higher on buoyant manufacturing

Singapore economy

Singapore 2Q GDP seen revised slightly higher on buoyant manufacturing

Reuters Published on Tue, Aug 08, 2017 / 2:40 PM GMT+8

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SINGAPORE (Aug 8): Singapore's economy may have grown slightly more than previously estimated in the second quarter due to strength in manufacturing, but questions remain about whether the pick-up will broaden to other sectors in the second half.

The median forecast in a Reuters survey of 10 economists predicted that gross domestic product in the April-June quarter expanded by 0.5% from the previous three months on an annualised and seasonally adjusted basis.

That would be marginally higher than the government's advance estimate of 0.4% growth, which was released on July 14. The economy contracted in the first quarter.

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Singapore 2Q GDP seen revised slightly higher on buoyant manufacturing

Singapore economy

Singapore 2Q GDP seen revised slightly higher on buoyant manufacturing

Primary tabs

Error message

Singapore 2Q GDP seen revised slightly higher on buoyant manufacturing

Singapore economy

Singapore 2Q GDP seen revised slightly higher on buoyant manufacturing

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