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Singapore economy grows 5.4% in third quarter

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Singapore's economy expanded 5.4% year on year in the third quarter, according to preliminary data, a pace that has drawn attention given it outstrips many peer economies. The advance GDP estimate was published via financial data platforms, and market watchers are weighing what the strong reading means for the city-state's growth outlook and monetary policy.

Why now: Fresh preliminary GDP data showing unexpectedly strong growth is prompting discussion among traders and economists.

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