Economics

Singapore’s Economic Rebound Slows Amid Renewed Virus Limits

  • Second quarter GDP fell 2% q/q, compared with -1.8% estimate
  • Year-on-year growth surged 14.3%, rebounding from pandemic low
Photographer: Wei Leng Tay/Bloomberg
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Singapore’s economy lost momentum in the second quarter as weeks of tightened mobility restrictions weighed on this year’s expansion.