Singapore's economy expanded in 3Q

18 November 2009 @ 07:48 pm EDT

Singapore's GDP final reading grew 0.6% in the third quarter from a year earlier compared with a previous contraction by 3.3% in the second quarter and the reading came more than analyst's estimates of 0.5%. On quarterly basis, gross domestic product expanded 14.2% from a preliminary 14.9%, while forecasts referred to 14.0%.

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