Singapore economy shrank in 4Q

By IBTimes Staff Reporter | January 04 2010 12:15 AM

Singapore's GDP (YoY)advanced reading came in at 3.5% in the fourth quarter , following a previous revised 0.9% from 0.6%, and it came less than analyst's estimates of 3.8%. The GDP (QoQ) advanced reading came in at -6.8% in 4Q from a prior revised 14.9% from 14.2%, while forecasts referred to -2.1%.

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