SINGAPORE: Singapore’s economy expanded by 4.1 per cent year-on-year in the third quarter of 2022 (Q3 2022), easing from the 4.5 per cent growth in the previous quarter, according to the republic’s Ministry of Trade and Industry (MTI).In its ‘Economic Performance in the Third Quarter of 2022’ report released today, MTI said the 2022 gross domestic product (GDP) growth forecast for the republic has been narrowed to around 3.5 per cent, from 3.0-4.0 per cent previously.“This is after taking into account the performance of the Singapore economy in the first three quarters of the year, as well as the latest external and domestic developments,” it said.The ministry also projected that Singapore’s
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