Tuesday, July 7, 2009

Singapore to release advance Q2 GDP data on July 14

 
 

Sent to you by MarcG via Google Reader:

 
 

via EdgeSingapore RSS on 7/6/09

Singapore will annnounce advance estimates for second-quarter gross domestic product at 8 a.m. local time (0000 GMT) on July 14, the government said today.

The city-state reports advance GDP data based largely on information from the first two months of the quarter, and follows up with detailed GDP numbers several weeks later.

Singapore's economy in the second quarter of 2009 is expected to grow at an annualised and seasonally adjusted rate of 16.4%, ending a technical recession after four consecutive quarters of contraction, a Thomson Reuters poll shows.

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