RTT News, 21 Feb 2013Singapore's gross domestic product expanded a seasonally adjusted annualized 3.3 percent in the fourth quarter compared to the previous three months, the Ministry of Trade and Industry said in Friday's revised reading.
That's up sharply from last month's original reading for a 1.8 percent increase following the revised 4.8 percent contraction in Q3.
On a yearly basis, GDP was revised up to 1.5 percent from 1.1 percent following the flat reading in the previous three months.
For all of 2012, GDP was bumped up to 1.3 percent from 1.2 percent. Link
Also read:
Singapore dodges an expected recession by revising first nine months GDP numbers downwards in order to raise Q4 data
Related:
- Singapore GDP grew more than expected in Q4 - Reuters
- Singapore GDP Growth Beats Initial Estimate as Asia Recovers - Bloomberg
- Singapore Economy Expands at Faster Pace in 4Q Than Earlier Expected - 4-traders
- Singapore growth exceeds estimates in fourth quarter - BBC News
- Singapore's 2012 GDP disappoints with 1.3% growth - Yahoo! Finance Singapore
