(RTTNews) - Singapore's gross domestic product surged a seasonally adjusted 26.0 percent in the second quarter of 2010, the Ministry of Trade and Industry said in a preliminary estimate on Wednesday.That topped forecasts for a 23.0 percent increase following the upwardly revised 45.9 percent gain in the previous three months.
On an annualized basis, GDP expanded 19.3 percent - again beating estimates for a 17.3 percent gain following the revised 16.9 percent increase in the first quarter. Full Story
Related:
Singapore GDP Expands at Record Pace, Currency Gains - BusinessWeek
Singapore's sharp economic growth beats estimates - MarketWatch
Singapore's Sharp Economic Growth Beats Estimates - FOXBusiness.com
Singapore's economy grows at record pace - India Infoline
Singapore's GDP Expands at Record Pace in Resilience to Europe - San Francisco Chronicle
