Related Articles

Singapore's GDP 3.1% Up In Fourth Quarter

1/2/2018 6:16:25 PM
written By : Team India Se Print

Based on advance estimates, the Singapore economy grew by 3.1 per cent on a year-on-year basis in the fourth quarter of 2017, easing from the 5.4 per cent growth in the previous quarter, the Ministry of Trade and Industry (MTI) announced on January 2.

On a quarter-on-quarter seasonally-adjusted annualised basis, the economy expanded at a slower pace of 2.8 per cent compared to the 9.4 per cent growth in the preceding quarter, 

For the whole of 2017, the economy grew by 3.5 per cent. This is in line with MTI’s earlier announced GDP growth forecast of "3.0 to 3.5 per cent".

The manufacturing sector expanded by 6.2 per cent on a year-on-year basis in the fourth quarter, moderating from the 19.2 per cent growth in the previous quarter. Growth was supported primarily by robust output expansions in the electronics and precision engineering clusters, which outweighed output declines in the biomedical manufacturing and transport engineering clusters.

On a quarter-on-quarter seasonally-adjusted annualised basis, the sector shrank by 11.5 per cent following the 38.0 per cent surge in the third quarter.

The construction sector contracted by 8.5 per cent on a year-on-year basis in the fourth quarter, extending the 7.7 per cent decline in the previous quarter

 

 

 

1 comment for “Singapore economy 2017”

  1. myy
    Posted Thursday, May 10, 2018 at 11:00:55 AM

    replica watches, hollister co, nba jerseys, nike, adidas schuhe, portland trail blazers jerseys, supra footwear, michael kors handbags, ralph lauren, stone island polos, swarovski canada, air jordan shoes, ray ban outlet, mcm bags, barbour jacket outlet, lacoste, thomas sabo outlet, the north face outlet, swarovski jewelry, nfl jerseys, nike free run, ray ban wayfarer, adidas mens, coach outlet online, nfl chiefs jerseys, ray ban sunglasses outlet, the north face outlet, guess outlet, basketball shoes, oakley vault, michael kors outlet online, nba jerseys sale, tory burch, jack wolfskin ca, longchamp, burberry, michael kors, kate spade outlet, nfl titans jerseys, longchamp outlet, ralph lauren polos, eyeglasses frames, north face, new balance shoes, fred perry polos, michael kors handbags, cleveland cavaliers, rolex watches,

Leave a comment
 
All Copyrights Reserved @2014 India Se
Engineered by : ZITIMA