Singapore&#39;s GDP Shrinks Annual 2.3% in 3rd Quarter
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Singapore&#39;s economy unexpectedly shrank in the third quarter, ending a year of expansion, as record oil prices curbed overseas sales of companies including Chartered Semiconductor Manufacturing Ltd.
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The British economy braked sharply in the third quarter when growth slowed to 0.4 percent, the weakest pace for over a year, as a string of interest rate rises took effect, official figures showed.
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The U.S. economy grew at a  weaker-than-expected 3.1 percent annual pace in the final  quarter of 2004 year, its slowest since the beginning of 2003  as the country's trade performance deteriorated and inflation  picked up, a government report on Friday showed.
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SINGAPORE - Singapore&#39;s economy slowed in the third quarter but still recorded growth of 7.7% year-on-year, the government said Monday.
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Singapore&#39;s economic growth slowed to 7.7 percent in the third quarter after a 12.5 percent rise in the previous three months, as its central bank said it would keep a tight rein on monetary policy to support growth amid rising oil prices.
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BEIJING - Growth in China's economy slowed slightly in the third quarter, a sign that tightening measures were taking effect, the government said yesterday. Economists said the peak of the latest boom may have passed.
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US economic growth will slow to 3.3 per cent in 2005, more than a full percentage point below this year, with the effect of high energy prices dragging on the economy for the next few quarters, the OECD said on Tuesday.
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The Australian government Tuesday revised down its forecast for gross domestic product next year to 3 percent. In May, the government had projected GDP for the fiscal year ending June 30, 2005, to reach 3.5 percent.
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Growth of the US economy slowed to an annual rate of 2.8 percent in the second quarter of this year, lower than the 3.0 percent rate previously estimated, the US Commerce Department reported on Friday.
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The UK&#39;s economic growth slowed in the third quarter as manufacturing output declined, preliminary data has shown. Gross domestic output (GDP) increased 0.4% in the three months to 18 October, according to
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The gross domestic product, the broadest measure of economic output, grew at a 3.3 percent annual rate in the second quarter, the Commerce Department reported yesterday, revising its earlier estimate of 2.8 percent.
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The economy grew at a sluggish 2.2 percent pace in the final quarter of last year, much slower than initially reported, in a kind of unusually large downward revision that has happened only seven times in the last 30 years.
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SINGAPORE (Dow Jones)--Singapore&#39;s third-quarter unemployment rate fell to its lowest in more than three years, bettering market expectations, as more jobs were created in tandem with the city-state&#39;s booming economic growth so far this year.
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The Commerce Department said Friday that the economy grew at a 3.7 percent annual rate in the third quarter  --  less than economists expected.
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The economy inched ahead by 2.2 percent in the fourth quarter of last year, down sharply from the governmentâs prior estimate of 3.5 percent.
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The U.S. economy grew at a  weaker-than-expected 3.1 percent annual pace in the final  quarter last year, its slowest since the beginning of 2003 as  the country's trade performance deteriorated and inflation  picked up, a government report on Friday showed.
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SINGAPORE: Singapore manufacturing output growth slowed to 5.3 percent in August from 19.1 percent in July due to a sharp contraction in pharmaceuticals production, the government says.