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Singapore Q3 GDP expands 6.5% y/y, largely matching forecasts

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SINGAPORE, Oct 14 (Reuters) – Singapore’s economic system grew 6.5% within the third quarter, preliminary official knowledge confirmed on Thursday, broadly according to economists’ forecast.

Economists polled by Reuters had anticipated an growth of 6.6% year-on-year for the third quarter.

Gross home product had jumped 15.2% year-on-year within the second quarter, on account of a coronavirus-induced low base in the identical quarter final yr.

Reporting by Chen Lin in Singapore; Editing by Sam Holmes

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