Financial Times FT.com

Singapore’s GDP grows annualised 3%

SINGAPORE (Reuters) - Aug 10, 2006

Singapore’s trade-driven economy grew in the second quarter at an annualised rate of 3.0 percent, broadly in line with expectations, marking its weakest pace in more than a year, data showed on Thursday.

Analysts in a Reuters poll had expected an annualised rate of 3.1 percent, after adjustment for seasonal patterns, underpinned by technology sector output and a healthy domestic economy.

You have viewed your allowance of free articles. If you wish to view more, click the button below.

Read this