Singapore data: Q1 GDP 2.0% q/q (vs. 1.7% expected)

Advance GDP data from Singapore for the first quarter of 2021

2.0% q/q (sa)

• 1.7% expected
• 3.8% prior

0.2% y/y

• -0.5% expected
• prior -2.4%

Solid beats for the q/q and y/y readings in these preliminary results.