Sat, 2019-07-13 01:38
SINGAPORE: Singapore reported dismal preliminary second quarter growth data on Friday, including the slowest pace of annual expansion in a decade, raising bets that a recession and monetary policy easing could be coming.
The quarter’s 0.1 percent gross domestic product (GDP) expansion was below the 1.1 percent forecast in a Reuters poll and the slowest annual growth since 2009’s second quarter, when it fell 1.2 percent.
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