Singapore’s Construction Industry Grew by 2.9 per cent in 3Q 2019

Singapore’s GDP grew by 0.5 per cent on a year-on year basis in the third quarter of 2019, slightly higher than the 0.2 per cent growth in the previous quarter. On a quarter-on-quarter seasonally-adjusted annualised basis, the economy expanded by 2.1 per cent, a turnaround from the 2.7 per cent contraction in the preceding quarter.

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