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Preview - Singapore Q1 GDP likely to be revised higher on manufacturing boost

Reuters  |  SINGAPORE 

SINGAPORE (Reuters) - Singapore's economy likely performed better than initially expected in the first quarter thanks to a surge in factory output, although the outlook is clouded by slowing exports to China, according to analysts surveyed by Reuters.The median estimate by the 11 economists polled put gross domestic product (GDP) growth at 2.7 percent in the January-March quarter from a year earlier.That would be better than the official advance estimate of 2.5 percent growth released last month.On a seasonally adjusted, annualised basis GDP probably contracted by 1 percent in the ...

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First Published: Fri, May 19 2017. 12:51 IST
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