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Singapore's economy grew 2.7% in first quarter of 2024: Advance estimates

LaksaNews

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SINGAPORE: Singapore's economy grew 2.7

This was faster

On a quarter-on-quarter seasonally adjusted basis, Singapore's economy expanded by 0.1 per cent, extending the 1.2 per cent expansion in the fourth quarter of 2023.

Advance gross domestic product estimates are computed largely from data gathered in the first two months of the quarter – January and February in this case.

They are intended as an early indicator of GDP growth for the quarter and are subject to revision when more comprehensive data is available, said MTI.

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