World

Singapore Q1 GDP +1.2pc y/y, 2019 growth forecast downgraded

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The first quarter reading was down slightly from the 1.3pc growth seen in the government's advance estimate and was below the 1.5pc growth forecast in a Reuters poll.

On a seasonally adjusted and annualised quarter-on-quarter basis, growth in the January-March period was at 3.8pc, higher than the advanced estimate of 2.0pc and the poll forecast of 2.3pc.

Copyright Reuters, 2019