|
 |
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Source:
www.mti.gov.sg |
|
Advance GDP Estimates for
Second Quarter 2007 |
|
กก |
|
|
2Q06 |
3Q06 |
4Q06 |
2006 |
1Q07 |
2Q07* |
|
Overall GDP
|
8.0 |
7.0 |
6.6 |
7.9 |
6.4 |
8.2 |
|
Goods Producing
Industries |
|
|
|
|
|
|
|
Manufacturing
|
11.9 |
9.5 |
7.7 |
11.5 |
4.4 |
10.2 |
|
Construction
|
0.9 |
5.8 |
4.7 |
2.7 |
11.6 |
17.9 |
|
Services Producing
Industries |
6.9 |
6.3 |
6.6 |
7.0 |
7.2 |
7.0 |
* Advance estimates |
|
The Singapore economy registered strong
growth in second quarter of 2007. |
|
Advance estimates1 show that real
gross domestic product (GDP) rose by 8.2 per cent on a year-on-year
basis in the second quarter, up from 6.4 per cent in the previous
quarter. |
|
On a quarter-on-quarter seasonally adjusted
annualised basis, real GDP grew by 12.8 per cent following 8.5 per cent
in the first quarter. |
|
Underpinned by strong growth in the
biomedical manufacturing and transport engineering clusters, the
manufacturing sector is estimated to have grown by 10.2 per cent the
second quarter, up from 4.4 per cent in the previous quarter. |
|
The construction sector is estimated to have
expanded by 17.9 per cent in the second quarter, up further from 11.6
per cent in the previous quarter. |
|
The services producing industries is
estimated to have grown by 7.0 per cent in the second quarter
compared with 7.2 per cent in the preceding quarter. The healthy
performance was led by financial services. |
|
The preliminary GDP estimates for the
second quarter of 2007, including sectoral performances, sources
of growth, inflation, employment and productivity, will be
released in August 2007 in the Economic Survey of Singapore. |
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MINISTRY OF TRADE AND
INDUSTRY
10 July 2007 |
|
1
The advance GDP estimates for second
quarter 2007 are computed largely from the first two months' data
(i.e. April and May 2007). They are intended as an early
indication of the GDP growth in the quarter, and are subject to
revision when more comprehensive data becomes available. |
|
Source:
www.mti.gov.sg News Release 10
Jul 2007 |
SingaporeUpdate.com All Rights Reserved
Advance GDP estimates for second
quarter 2007