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Sector Detail of GDP Data:

SINGAPORE
  • Manufacturing grew 10.3% from a year earlier in Q4, extending an 11.0% expansion in Q3.
  • Wholesale trade expanded 1.8% in Q4, a turnaround from the 5.0% contraction in Q3,
  • Finance and insurance industry grew 4.9% in the Q4 following 4.2% growth in Q3.
  • Construction contracted 27.4% in Q4, an improvement from the 52.5% contraction in Q3.
  • Retail trade shrank 4.7% in Q4, a smaller decline than the 8.6% contraction in Q3.
  • Services-producing industries contracted 4.7% in Q4, an improvement from an 8.3% contraction in Q3.

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