Data from Singapore’s trade ministry released a little while ago:
Singapore Q4 GDP +1.6% q/q (annualised)
- +3.0% expected (Bloomberg survey)
- +3.2% prior
For the y/y, +1.5%
- expected was +1.8%
- Prior was 2.8%
More via Bloomberg:
- Singapore’s manufacturing fell 5.8 percent last quarter from the previous three months
- Services industry grew 3.8 percent in the same period, while construction expanded 8 percent
- Today’s data are advance estimates computed largely from figures in the first two months of the quarter and may be revised later