Wednesday, 24 February 2016

Stocks Market Update -Singapore revised GDP shows 2 percent growth for 2015



Singapore's economy extended at a slower pace in 2015 as a change in exchange and back neglected to end a sharp droop in assembling, official information demonstrated Wednesday.

GDP grew 2 percent a year ago, abating from a 3.3 percent extension in 2014, changed figures from the Ministry of Trade and Industry appeared. The service had beforehand evaluated 2015 development at 2.1 percent.
Fabricating action tumbled 5.2 percent, turning around from a 2.7 percent expansion the year prior. The development part grew 2.5 percent, moderating from a 3.5 percent expansion.

Development was bolstered for the most part by the wholesale and retail exchange and back and protection areas, which extended by 6.1 percent and 5.3 percent individually, the service said.

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