SINGAPORE  – Singapore's economy expanded less than initially estimated in the second quarter, official data showed on Friday, as the city-state averted a recession. Gross domestic product (GDP) grew a seasonally adjusted 0.1 percent quarter-on-quarter in April to June, the Ministry of Trade and Industry said, lower than the 0.3 percent growth seen in the government's advance estimate . 'Singapore's external demand outlook for the rest of the year remains weak,' MTI said in a statement. On an annual basis, the economy expanded 0.

https://business.inquirer.net/415344/singapore-q2-gdp-grows-0-1-q-q-lower-than-first-estimated

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