Singapore economy shrinks but avoids recession – AsiaOne

Posted: October 12, 2012 in recession
Tags: , ,

AsiaOne

Singapore economy shrinks but avoids recession
AsiaOne
SINGAPORE – Singapore's economy shrank by 1.5 percent in the third quarter but avoided a technical recession after growth in the previous three months was adjusted up, government figures showed Friday. The Ministry of Trade and Industry said the
Singapore economy shrank 1.5% in Q3, but technical recession avoidedTODAYonline
Q3 GDP falls 1.5% over Q2; Technical recession avoidedBusiness Times (subscription)

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via recession – Google News http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNFYDTipAtQoHPYNIv2NvhP5q1sbfQ&url=http://www.asiaone.com/A1Business/General%252BNews/Story/A1Story20121012-377102.html

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