Singapore Q3 GDP growth weakens to 2.2%; expects slowdown in 2019

摘要

SINGAPORE (ICIS)--Singapore’s economic growth slowed to 2.2% in July-September 2018 on an annualised basis, from a revised growth rate of 4.1% in the preceding quarter, official data showed on Thursday. Manufacturing posted a 3.5% growth, a marked slowdown from the 10.7% expansion in the previous quarter; while the contraction in the construction sector moderated to 2.3% from 4.2%, the Ministry of Trade and Industry (MTI) said in a statement.