Singapore's Q3 growth beat market expectations to hit 4.1%. Advance estimates showed it surpassed Q2's 2.9% growth, boosted by the manufacturing sector's rebound. The sector grew by 7.5%, reversing the 1.

Singapores Economic Growth Surpasses Expectations in Q3 2024 Singapores economy demonstrated impressive resilience, growing by 4.1% year-on-year in the third quarter of 2024, according to preliminary data released

SINGAPORE’S economy grew 4.1 per cent year on year (yoy) in the third quarter of 2024, an improvement from the previous quarter’s 2.9 per cent growth, advance estimates from the Ministry of Trade and Industry (MTI) showed on Monday (Oct 14) morning.

SINGAPORE: Singapore’s economy showed signs of recovery in the third quarter of 2024, growing by 4.1% year-on-year (YoY), according to advance estimates from the Ministry of Trade and Industry (MTI) released on Oct 14.

SINGAPORE: Singapore's economy picked up momentum in the third quarter of 2024, growing by 4.1 per cent compared to the same period last year. It was helped by the manufacturing sector's expansion after two quarters of contraction.

Singapore’s economic growth accelerated in the third quarter, suggesting the recovery is gaining momentum in the face of tight monetary settings and intensifying geopolitical tensions.

Manufacturing sector expanded 7.5 per cent, rebounding from 1.1 per cent contraction in previous quarter. Read more at straitstimes.com.