Economic Survey Of Singapore First Quarter 2023

The Singapore economy grew by 0.4 per cent on a year-on-year basis in the first quarter of 2023, easing from the 2.1 per cent growth in the previous quarter.

On a quarter-on-quarter seasonally-adjusted basis, the economy contracted by 0.4 per cent, a reversal from the 0.1 per cent growth in the preceding quarter.

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