Singapore Q2 GDP -6.5% On Quarter


RTTNews, 10 Aug 2011
(RTTNews) - Singapore's gross domestic product contracted by a seasonally adjusted annualized 6.5 percent in the second quarter of 2011 compared to the previous three months, the Ministry of Trade and Industry said on Wednesday in a final reading.
That was higher than the 7.8 percent contraction reported in last month's preliminary reading following the 27.2 percent surge in the first quarter of this year. Full story

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