Singapore lowered its full-year growth for 2023, as official data on Thursday showed the economy grew 1.1% last year compared to an earlier estimate of 1.2%. Singapore's economy grew 2.2% year-on-year ...
In 2023, trade-dependent economies like Singapore were affected by global economic pressures, resulting in slowed growth in export-led sectors, spikes in housing costs and a rise in core inflation.
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