Singapore's GDP growth for Q3 remains at 0.1 pct on year

Source: Xinhua| 2019-10-14 09:07:10|Editor: Yurou
Video PlayerClose

SINGAPORE, Oct. 14 (Xinhua) -- Singapore's Ministry of Trade and Industry announced on Monday that based on advance estimates, the country's gross domestic product (GDP) for the third quarter of 2019 grew 0.1 percent year on year.

That was the same pace of growth as in the previous quarter, the ministry added.

On a quarter-on-quarter seasonally-adjusted annualised basis, Singapore's economy expanded by 0.6 percent in the third quarter, a turnaround from the 2.7 percent contraction in the preceding quarter.

In a breakdown, Singapore's manufacturing sector contracted by 3.5 percent year on year in the third quarter, compared to the 3.3 percent decline in the second quarter. The construction sector grew by 2.7 percent year on year, extending the 2.8 percent expansion in the previous quarter.

Meanwhile, the services producing industries expanded by 0.9 percent year on year, slower than the 1.1 percent increase in the previous quarter.

The advanced GDP estimate figures released on Monday were computed largely from data in the first two months of the quarter, according to the ministry. These figures are intended as an early indication of the GDP growth in the quarter, and are subject to revision when more comprehensive data become available.

The ministry said it will release the preliminary GDP estimates for the third quarter this November.

TOP STORIES
EDITOR’S CHOICE
MOST VIEWED
EXPLORE XINHUANET
010020070750000000000000011100001384699411
国产无码在线观看免费在线,37pao国产成视频,日韩一区二区视频在线,国产国产人免费人成免费视频麻豆
亚洲аv天堂网最新版在线 亚洲一区精品动漫 | 夜色福利院在线看视频 | 亚洲v精品V无:码一区二区桃花 | 亚洲a∨天堂久久 | 亚洲国产空姐精品视频中文字幕 | 色婷婷亚洲五月之色五月 |