Singapore's economy grew at a slightly faster pace in the second quarter of the year, but was lower than advanced estimates. Economic headwinds in the coming months have also led the government to lower the full-year growth forecast for 2023. Gross domestic product (GDP) growth for the April to June quarter came in at 0.5 per cent on-year, missing market expectations of 0.8 per cent. Alex Holmes, a senior economist at Oxford Economics explains what the figures mean on CNA's Asia First. Read more: [ Ссылка ]

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