Singapore GDP Grows 2.1% In Q3
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(RTTNews) - Singapore's gross domestic product expanded a seasonally adjusted 2.1 percent on quarter in the third quarter of 2024, Statistics Singapore said in Monday's advance estimate.
That accelerated sharply from the 0.4 percent growth in the second quarter.
On an annualized basis, GDP climbed 4.1 percent - up from 2.9 percent in the three months prior.
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Singapore GDP Climbs 5.4% On Year In Q3
Singapore's gross domestic product expanded 5.4 percent on year in the third quarter of 2024, the Ministry of Trade and Industry said on Friday, accelerating from the 3.0 percent gain in the three months prior.
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Singapore Maintains Monetary Policy For Sixth Straight Time
Singapore central bank maintained its monetary policy for the sixth consecutive meeting on Monday. The Monetary Authority of Singapore decided to keep the prevailing rate of appreciation of the S$NEER policy band. There will be no change to its width and the level at which it is centered.
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Singapore Private Sector PMI Slows To 56.6 In September - S&P Global
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The private sector in Singapore continued to expand in July, and at a faster pace, the latest survey from S&P Global revealed on Monday with a PMI score of 57.2.
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Singapore Maintains Monetary Policy For Fifth Time; Cuts Inflation Outlook
Singapore's central bank left its monetary policy unchanged for the fifth consecutive meeting on Friday despite downgrading the inflation outlook. The Monetary Authority of Singapore decided to maintain the prevailing rate of appreciation of the S$NEER policy band. There will be no change to its width and the level at which it is centered.
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