Economic Growth in Second Quarter 2008 Eased to 1.9 Per Cent

Article Name: Economic Growth in Second Quarter 2008 Eased to 1.9 Per Cent
Published Date: 10/07/2008

10 July 2008. The Ministry of Trade and Industry (MTI) announced today that real gross domestic product (GDP) rose by an estimated1 1.9 per cent on a year-on-year basis in the second quarter of 2008, down from 6.9 per cent in the first quarter of 2008. The slowdown chiefly reflected a sharp contraction in biomedical manufacturing output. Excluding the biomedical sciences (BMS) cluster, industrial production grew moderately.

On a quarter-on-quarter seasonally-adjusted annualised basis, real GDP declined by 6.6 per cent following an increase of 15.6 per cent in the previous quarter.
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安胜琴

吾看下面两个季度,至少会有一个负增长
严重的话:美国进入深度衰退,中国无限期放缓,新加坡则变成热带的严冬。

乐观的话:美国两年后重新起来,中国经济结构性调整,3年后重整旗鼓。新加坡的经济则进化成只剩下一个行业----博彩娱乐业,也就是吃喝嫖赌是最大的sector。广大华新网民则兴高采烈做房东。

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  • 柳菡志 提出于 2019-07-19 17:35