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MAS MACROECONOMIC REVIEW

Singapore's GDP growth strengthening and spreading to more sectors

MAS says most industries beyond electronics-linked segments have started to see signs of pickup

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The economy grew an average of 4.4 per cent q-o-q in the second and third quarters. The upswing was boosted by continued strength in the global electronics cycle.

Singapore

SINGAPORE'S economic recovery is gathering pace, with growth rates accelerating over two straight quarters thanks largely to a sustained increase in global electronics demand, the Monetary Authority of Singapore (MAS) said.

While pockets of weakness remain in some sectors

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