SINGAPORE — Singapore's economy grew by an estimated 0.8 percent in the three months to September from a year ago, cementing the city-state's recovery from its worst recession, official figures showed Monday.
"A clear but modest recovery is underway globally, at least for the next three or four quarters," the ministry of trade and industry said in a statement.
While gross domestic product (GDP) will fall in 2009, the government amended its full-year forecast to a contraction of 2.0 to 2.5 percent, well below the previous estimate of negative 4.0 to 6.0 percent growth.
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