Singapore’s economy — often seen as a bellwether for global growth — avoided a technical recession after growing by 0.6% in the July to September quarter compared to the previous three months.
A technical recession occurs when there are two consecutive quarters of economic decline.
In a separate announcement, Singapore’s central bank eased monetary policy.
Submitted October 13, 2019 at 10:20PM by coolcomfort123 https://ift.tt/33wOWQf
