TradingMarkets.com
22 May 2008
SINGAPORE, May 23, 2008 (Thomson Financial via COMTEX) -- -- The Singapore economy grew at a slower pace in the first quarter than earlier estimated on weaker demand for exports while inflation continued to rise, government data showed on Friday.
Singapore's gross domestic product grew 6.7 percent in the first quarter from a year earlier, slower than the preliminary estimate of 7.2 percent, the Ministry of Trade and Industry said.
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