SINGAPORE -- Singapore's economy shrank 7% on the year in the July-September period, the government's preliminary data showed on Wednesday, marking a third consecutive quarter of contraction due to the coronavirus pandemic.
Economy
Singapore GDP decline slows to 7% in Q3 after reopenings
Monetary authority stands pat and signals accommodative policy for 'some time'
Singapore's economy is stirring back to life as the city-state's coronavirus situation stabilizes. © Reuters
Read Next
.jpg?width=178&fit=cover&gravity=faces&dpr=2&quality=medium&source=nar-cms&format=auto&height=100)
Latest on Economy
