Thursday, July 10, 2008

2Q08 Advance GDP Estimates

2Q08:
Yr-on-Yr: *1.9% (LastQ: 6.9%)
Qtr-on-Qtr: *-6.6% (LastQ: 15.6%)
*estimates

The slowest growth in 5yrs, with a sharp fall in biomedical manufacturing. However, Finance Minister Tharman Shanmugaratnam said that expected growth is still between 4 - 6% this yr.

* SingStat-GDP , AsiaOne-GDP *

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