GDP for the July to September quarter up 8.8% q/q (seasonally adjusted, annualised), expected +7.4%
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Singapore's Ministry Of Trade and Industry revises 2017 GDP growth forecast to 3.0 to 3.5 pct
- previous forecast 2.0 to 3.0 pct
- MTI forecasts 2018 GDP growth of 1.5 to 3.5 pct
Q3 manufacturing +34.6 pct q/q at annualised, seasonally adjusted rate
- services +3.2 pct q/q at annualised, seasonally adjusted rate
Revises 2017 non-oil domestic exports (NODX) forecast to growth of 6.5 to 7.0 pct
- previous forecast 5.0 to 6.0 pct)
- sees NODX growing 0 to 2.0 pct in 2018
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Singapore's economy grew faster than estimated - strength in manufacturing activity ... check out that +34.6% q/q!
more to come