Singapore Grows 1.1 percent Beating Estimates

Grows 1.1 percent Beating Estimates

Singapore Grows 1.1 percent Beating Estimates

Singapore’s economy has averted a technical recession, as it reported better-than-expected growth data for the fourth quarter. The economy expanded 1.1% in the October to December period, from a year earlier, advance estimates showed. On a quarter-on-quarter basis, the economy grew 1.8%. That is up from a 6.3% contraction in the third quarter. Growth was boosted by a rebound in the services industries, which include retail, finance and insurance sectors. For the full year, the government said it estimates the economy to have grown by 1.2%. That is lower than its forecast of around 1.5% annual growth for 2012. via BBC Get OANDA’s exclusive weekly Market Pulse FX Email Address: strong> Preferred Format: strong> HTML Text This article is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not ne...

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@Forex_Info_T » 03 Jan '13, 5pm
RT @currensee: Singapore Grows 1.1 percent Beating Estimates [link] #oanda #forex via @OANDA
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Singapore Grows 1.1 percent Beating Estimates [link] #oanda #forex via @OANDA
@4xci » 02 Jan '13, 3pm
Singapore Grows 1.1 percent Beating Estimates: Singapore’s economy has averted a technical recession, as it reported… [link]
@InvestorsBC » 02 Jan '13, 3pm
Singapore Grows 1.1 percent Beating Estimates: Singapore’s economy has averted a technical recession, as it repo... [link]
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Singapore Grows 1.1 percent Beating Estimates [link] #oanda #forex
@ForexTipsLive » 02 Jan '13, 4pm
[link] Singapore Grows 1.1 percent Beating Estimates [link]
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[link] Singapore Grows 1.1 percent Beating Estimates [link]
@BlackCentaurFX » 02 Jan '13, 4pm
Singapore Grows 1.1 percent Beating Estimates [link]
@ForexNewsMole » 02 Jan '13, 4pm
Singapore Grows 1.1 percent Beating Estimates #forex [link]
@c_grimont » 02 Jan '13, 3pm
Singapore Grows 1.1 percent Beating Estimates: Singapore’s economy has averted a technical recession, as it repo... [link]

Grows 1.1 percent Beating Estimates

Singapore Grows 1.1 percent Beating Estimates

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