# Singapore Q3 GDP up 0.7% y/y
Published: 2023-10-13
Category: News
Category URL: https://tradingherald.com/category/news/
Meta Title: Singapore Q3 GDP Growth Surpasses Expectations
Meta Description: Singapore's economy exceeded Q3 GDP expectations, growing 0.7% y/y per government data. Boost your insights now.
URL: https://tradingherald.com/singapore-q3-gdp-up-0-7-y-y/

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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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