Singapore’s economy grew at a faster pace in the third quarter than initial estimate
2021-11-24 11:15:34 source：CNBC
November 23, 2021
SINGAPORE — Singapore’s economy expanded at a faster pace in the third quarter than initially estimated, while the government expects 2021 growth to come in at around 7%.
The Singapore economy grew 7.1% in the third quarter compared with a year ago, the Ministry of Trade and Industry said Wednesday.
That was better than the official advance estimate of 6.5% year-on-year growth that the ministry projected last month. But it’s slower than the 15.2% year-on-year growth recorded in the second quarter.
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