Wednesday, 5 October 2011
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Profi-forex.us, 5 Oct 2011
Singapore’s Ministry of Trade and Industry published its revised forecast for the county’s GDP growth in 2011. According to the report the overall growth is expected to reach 5% instead of 6% expected previously.
The forecast was downgraded because of the revised data for Q2 2011, when the GDP nearly hit the zero level. Singapore’s GDP for Q2 (y/y) declined by 6.5% down to the lowest level seen in 5 years. Full story
Singapore’s GDP growth forecast is lowered as revised Q2 GDP data shows decline of 6.5 pct
Profi-forex.us, 5 Oct 2011Singapore’s Ministry of Trade and Industry published its revised forecast for the county’s GDP growth in 2011. According to the report the overall growth is expected to reach 5% instead of 6% expected previously.
The forecast was downgraded because of the revised data for Q2 2011, when the GDP nearly hit the zero level. Singapore’s GDP for Q2 (y/y) declined by 6.5% down to the lowest level seen in 5 years. Full story
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