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Singapore economy probably grew last quarter as Asia recovers: Bloomberg preview

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Singapore’s economy probably expanded for a second consecutive quarter as the global recession eased, adding to evidence of a regional recovery that has prompted policy makers to consider ending stimulus measures.

Gross domestic product rose an annualised 13.4% last quarter from the previous three months, after climbing 20.7% between April and June, according to the median estimate of 11 economists surveyed by Bloomberg News. The trade ministry will release the data next Monday morning.

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