RTTNews, 20 Nov 2008
(RTTNews) - The Singapore economy contracted by 0.6 percent in the third quarter of 2008 compared to the previous quarter, the Ministry of Trade and Industry said on Friday in its revised report, after the preliminary reading showed a 0.5 percent quarterly decline.
On an annualized basis, GDP plummeted by 6.8 percent after a 5.3 percent decline in the second quarter.
Read More
Related News:
Singapore Q3 GDP down 6.8 pct annualised, s/adj - Fxstreet.com 21 Nov 08
Singapore's GDP Drops 6.8% Annually, Below Expectations - ForexTV.com, 20 Nov 08
Singapore Q3 GDP -0.6% on Quarter - Nasdaq
