SINGAPORE (Dec 13): Singapore’s economy grew stronger than expected in 3Q17, according to latest data from the Monetary Authority of Singapore (MAS).

The Singapore economy expanded by 5.2% in 3Q17 ended Sept compared with the same period last year, says MAS in its December 2017 Survey of Professional Forecasters. This was higher than the median forecast of 3.1% reported in the Sep 2017 Survey.

In addition, the respondents expect GDP growth to come in at 3.3% in 2017, an upgrade from the 2.5% median forecast in the previous survey.

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