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Singapore economy expands 1.3pc in Q1; MTI maintains 4-6pc full-year growth forecast despite Covid-19 uncertainties | Singapore


Tuesday, 25 May 2021 11:23 AM MYT
The central business district in Singapore on February 5, 2021. ― TODAY pic
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SINGAPORE, May 25 After four quarters of year-on-year decline, Singapore’s economy finally clocked positive growth expanding 1.3 per cent in the first quarter of this year compared with the same period a year ago. 
This was significantly higher than the 0.2 per cent growth the authorities estimated based on data from the first two months of the quarter. 
Singapore’s economy grew 3.1 per cent compared to the previous quarter on a seasonally-adjusted basis.  ....

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