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2017.05.2421:15:00UTC+00Singapore GDP Revised Up To 2.7% In Q1

Singapore's gross domestic product climbed 2.7 percent on year in the first quarter of 2017, the Ministry of Trade and Industry said in Thursday's final revision.

That's up from April's advance estimate that called for a 2.5 percent gain, although it was still down from 2.9 percent in the previous three months.

On a quarterly annualized, seasonally adjusted basis, GDP sank 1.3 percent - which marks an upward revision from -1.9 percent in the estimate.

GDP surged 12.3 percent on quarter in the three months prior.



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