SINGAPORE--Singapore's consumer prices rose at a slower-than-expected pace in July, mainly due to a decline in the prices of retail goods, electricity and gas. The consumer-price index rose 0.4% in July from a year ago, compared with the median estimate of 0.5% from seven economists polled by The Wall Street Journal. The CPI had gained 0.6% in June and 0.9% in May.
KUALA LUMPUR, Malaysia--Malaysia's economy grew more strongly than expected in the second quarter, defying the trend of deceleration elsewhere in the region including in China and Singapore. Gross domestic product in the April-to-June period climbed 4.9% from a year earlier, Malaysia's central bank said Friday. That outpaced the 4.5% on-year expansion in the first quarter and beat the median 4.7% forecast in a Wall Street Journal poll of 10 economists.
KUALA LUMPUR, Malaysia--Malaysia's economy grew more strongly than expected in the second quarter as all its economic sectors continued expanding, defying the trend of deceleration observed elsewhere in the region such as in China and Singapore. Gross domestic product in the April-to-June period climbed 4.9% from the same period a year earlier, Malaysia's central bank said Friday. That growth outpaced the 4.5% on-year expansion recorded in the first quarter and beat the...
SINGAPORE--Singapore's key non-oil domestic exports fell by less than expected in July, though both shipments of electronics and non-electronics declined. Exports of non-oil goods made in Singapore fell 11.2% on year in July compared with a revised decrease of 17.4% in June, government agency Enterprise Singapore said Friday. Exports had been expected to contract 14.8% on year, based on the median estimate from a Wall Street Journal poll of seven economists.
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