Gross domestic product growth slowed to 10.8 percent in the three months ended Sept. 30 from a year earlier, from 18.8 percent in the second quarter, according to the median estimate of 24 economists surveyed by Bloomberg. The economy shrank an annualized 15.7 percent from the previous three months, after expanding 24 percent in the April-to-June period, the median of 19 estimates showed. Full story
Singapore Economy Probably Slowed, Reducing Scope for Faster Currency Gain
Bloomberg, 12 Oct 2010
Singapore’s economy probably cooled after a record first-half expansion as manufacturing growth eased, reducing pressure on the central bank to allow a faster pace of currency appreciation.
Gross domestic product growth slowed to 10.8 percent in the three months ended Sept. 30 from a year earlier, from 18.8 percent in the second quarter, according to the median estimate of 24 economists surveyed by Bloomberg. The economy shrank an annualized 15.7 percent from the previous three months, after expanding 24 percent in the April-to-June period, the median of 19 estimates showed. Full story
Gross domestic product growth slowed to 10.8 percent in the three months ended Sept. 30 from a year earlier, from 18.8 percent in the second quarter, according to the median estimate of 24 economists surveyed by Bloomberg. The economy shrank an annualized 15.7 percent from the previous three months, after expanding 24 percent in the April-to-June period, the median of 19 estimates showed. Full story
Labels:
economy