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Singaporean GDP Surges as Economic Growth Exceeds Expectations

January, 03 2017
watermark Economic news

The economic growth of Singapore has heightened significantly and has recently recorded its fastest growth within a three-year span during the previous quarter as a result of services and manufacturing data regaining some of its recent losses. The nation’s GDP increased by 9.1% during the last quarter of 2016, its fastest pace since the second quarter of 2013. Meanwhile, the overall annual growth for 2016 clocked in at a growth of 1.8%, the country’s slowest GDP growth since 2009.


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Foreign exchange is highly speculative and complex in nature, and may not be suitable for all investors. Forex trading may result in a substantial gain or loss. Therefore, it is not advisable to invest money you cannot afford to lose. Before using the services offered by ForexMart, please acknowledge the risks associated with forex trading. Seek independent financial advice if necessary. Please note that neither past performance nor forecasts are reliable indicators of future results.