Singapore warns of ‘uncertainty’ after it averts a technical recession on manufacturing growth
2025-07-14 10:01:13 source：CNBC
July 13, 2025
Singapore’s economy grew at 1.4% in the second quarter of 2025, avoiding a technical recession as it reversed the 0.5% contraction recorded in the first three months of the year.
On a year-over-year basis, the country’s economy expanded 4.3% in the second quarter of 2025, accelerating from 4.1% in the first three months and beating expectations. A Reuters poll of economists had forecast a 3.5% growth.
A technical recession is commonly defined as two consecutive quarter-over-quarter declines in a country’s GDP. Analysts polled by Reuters had estimated a 0.6% quarter-over-quarter growth.
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