Singapore's economy grows 5.4% in Q3, slowing from 6.2% in Q2

Singapore's economy grows 5.4% in Q3, slowing from 6.2% in Q2

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Singapore's economy expanded by 5.4% in the third quarter, according to advance estimates, marking a slowdown from the 6.2% growth recorded in the previous quarter. On a quarter-on-quarter seasonally adjusted basis, growth also decelerated to 1.1% in Q3 from 1.5% in Q2. This data indicates a moderation in economic momentum in Singapore during the third quarter.

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Originally published by gnews