Singapore Q1 GDP +3.8% q/q (expected +2.3%) (annualised)

A beat for first quarter economic growth in Singapore

The y/y is not quite so good, comes in at +1.2% y/y, vs. expected of 1.5%.

Singapore MTI has revised down the 2019 GDP growth forecast to 1.5 to 2.5% (previous forecast 1.5 to 3.5%)