# Singapore Q3 GDP up 0.7% y/y
Author: Pal sinha, Barnali
Author URL: https://startupobserver.com/author/pal-sinha-barnali/
Published: 2023-10-13
Category: Headlines
Category URL: https://startupobserver.com/category/headlines/
Meta Title: Singapore Q3 GDP Growth Beats Expectations at 0.7% Year-On-Year
Meta Description: Singapore beats expectations with 0.7% GDP growth in Q3. Discover more about the country's strong economic performance.
URL: https://startupobserver.com/singapore-q3-gdp-up-0-7-y-y/

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SINGAPORE (Reuters) – Singapore’s economy grew faster than expected in the third quarter, preliminary government data showed on Friday.

Gross domestic product (GDP) was up 0.7% in the July to September period on a year-on-year basis, according to advance estimates from the trade ministry. Economists polled by Reuters had expected growth of 0.4%.

On a quarter-on-quarter seasonally adjusted basis, GDP expanded 1% in the July to September period.

(Reporting by Xinghui Kok; Editing by Kanupriya Kapoor, Sam Holmes, Martin Petty)


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