On September 17, 2024, aerial view of the Marina Bay Circuit of Singapore.
Rosallan Arman | AFP | Getty
The third quarter of the Singapore economy expanded faster than expected, though the central bank of the country warned that the increase in 2026 was likely to decline.
The gross domestic production has increased 2.9% in three months of September in three months, the Singapore Statistics Department said on Tuesday.
Improved 4.5 in the second quarter. Economists, who have shown a recession from %> extension estimated an increase of 5.9%.
On the basis of the season, the economy increased by 1.3%, reducing the last quarter, slightly reduced by 1.5% in the previous quarter.
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“Biomedical manufacturing and output in general manufacturing clusters have reduced weight weight, even the output in other manufacturing clusters increased,” The Ministry of Trade and Industry in the country Stated in his release.
The recession comes as MAS Kept his policy stableContinues with his previous decision in July When he did not change his monetary policy.
This is breaking this news, please check back for updates.
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