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Singapore Q3 GDP -7% y/y (vs. -6.8% expected)

Singapore Q3 GDP -7% y/y (vs. -6.8% expected)

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Eamonn Sheridan
14/10/2020 | 00:06 GMT

Economic growth data from SG announced at the same time as the central bank policy decision.

  • Q3 GDP +7.9% q/q

Annualising that q/q rate is +35.4% q/q. Everyone was doing it when growth rates were plunging in Q2. Not so much now though.

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