# Singapore Q3 GDP up 0.7% y/y
Author:  Pal Sinha, Barnali 
Author URL: https://financedigest.com/author/pal-sinha-barnali
Published: 2023-10-13
Category: NEWS
Category URL: https://financedigest.com/category/news
Meta Title: Singapore Q3 GDP up 0.7% y/y, beating expectations
Meta Description: Preliminary government data shows Singapore's GDP up 0.7% in Q3, exceeding economists' expectations. Learn more about the latest economic growth.
URL: https://financedigest.com/singapore-q3-gdp-up-0-7-y-yhtml

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# Singapore Q3 GDP up 0.7% y/y

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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