S'pore posts growth of 2.5% in Q2

Police carrying the body of a Chinese worker with undertakers near the collapsed section of the viaduct.
Police carrying the body of a Chinese worker with undertakers near the collapsed section of the viaduct. ST PHOTO: KEVIN LIM

Singapore's economy grew 2.5 per cent in the second quarter, slower than economists' expectations of a 2.7 per cent gain.

Manufacturing, buoyed by strong global demand for semiconductors and related equipment, was the main driver, based on advance estimates from the Ministry of Trade and Industry. The sector, which makes up a fifth of the economy, grew 8 per cent from the same quarter a year earlier.

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A version of this article appeared in the print edition of The Straits Times on July 15, 2017, with the headline 'S'pore posts growth of 2.5% in Q2'. Print Edition | Subscribe