# Singapore Q3 GDP up 0.7% y/y
Published: 2023-10-13
Category: Headlines
Category URL: https://business.express/category/headlines/
Meta Title: Singapore Q3 GDP Surpasses Expectations, Rises 0.7%
Meta Description: Singapore's economy surged 0.7% y/y in Q3 as per government data, surpassing forecasts. Get detailed analysis and insights here.
URL: https://business.express/singapore-q3-gdp-up-0-7-y-y/

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SINGAPORE (Reuters) – Singapore’s economy grew faster than expected in the third quarter, preliminary government data showed on Friday.

Gross domestic product (GDP) was up 0.7% in the July to September period on a year-on-year basis, according to advance estimates from the trade ministry. Economists polled by Reuters had expected growth of 0.4%.

On a quarter-on-quarter seasonally adjusted basis, GDP expanded 1% in the July to September period.

(Reporting by Xinghui Kok; Editing by Kanupriya Kapoor, Sam Holmes, Martin Petty)


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