SINGAPORE: Singapore’s economic growth slowed sharply in the first three months of the year, data showed Monday, but the central bank stood pat on monetary policy saying it would be lifted by a pick-up in global growth.
Preliminary estimates showed the city-state’s trade-reliant economy expanded a seasonally adjusted 0.1 percent quarter on quarter, the trade ministry said. That compared with 6.1 percent expansion in October-December.
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