SUBSCRIBERS
Services sector makes comeback in Q2; manufacturing to moderate in H2 2017
The 2.4 per cent Q2 growth in services is the fastest in almost two years; it was driven mostly by finance and insurance
Add BT as a preferred sourcePublished Fri, Aug 11, 2017 · 09:50 PM
Singapore
AN unexpectedly strong showing by the services sector, together with continued momentum in manufacturing, drove Singapore's gross domestic product (GDP) growth of 2.9 per cent in the second quarter of 2017 from a year ago, surprising economists.
But most of them do not expect this pace of growth to be sustained in the second half of the year, with manufacturing moderating, even as services continues to pick up.
Copyright SPH Media. All rights reserved.
