Growth doubts linger as Singapore thinly skirts technical recession
Q3 GDP inches up 0.1% year-on-year - unchanged from the previous quarter; quarter-on-quarter, services the only sector to stay in the black
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Annabeth Leow
Singapore
SINGAPORE'S economy looks to have barely budged in the third quarter, in a Ministry of Trade and Industry (MTI) flash estimate, as the gross domestic product (GDP) inched up by just 0.1 per cent year on year - unchanged from the quarter prior.
This was even as the central bank's half-yearly monetary policy decision, also released on Monday, signalled optimism for some domestic sectors.
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