Q3 growth better than expected; economists upgrade 2018 forecasts
2.6% year-on-year figure beats forecast of 2.4%; growth in first 3 quarters of 3.8% best 9-month performance since 2013
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
SINGAPORE'S economy turned in a better-than-expected report card for the third quarter, which led several economists to upgrade their full-year growth forecasts.
Even with trade tensions and emerging market uncertainties casting a pall on the outlook, the economy is still on track to grow at a steady but more subdued clip for the rest of the year and 2019, said economists.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Vietnam acts fast to shield firms, households from fuel price surge
Beijing’s calculated silence on the Iran war
S-E Asia tourism takes hit from Middle East crisis, but intra-regional travel could spell hope
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result