Retail in Asia

In Markets

Singapore Q4 GDP growth seen slowing to 1.3pc y-o-y

Singapore’s economic growth probably slowed in the fourth quarter as sluggish global demand weighed on the manufacturing sector, a Reuters poll showed.

Gross domestic product (GDP) likely expanded 1.3 percent in the fourth quarter from a year earlier, moderating from 1.9 percent year-on-year growth in the third quarter, according to the median forecast in the survey of 11 economists.

Compared with the previous quarter, GDP probably grew 1.7 percent on annualised and seasonally adjusted basis, the poll showed, cooling from 1.9 per cent growth in the third quarter.