Singapore revised Q1 GDP up to show a 1.8% Q/Q expansion (seasonally adjusted, annualized) versus an advance estimate of a 1.4% decline. On a Y/Y basis the economy expanded 0.2%. The Ministry of Trade and Industry said "economic growth … is expected to improve gradually over the course of the year." The Singapore ETF (EWS) is up 19.8% Y/Y.
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