Singaporean GDP Growth Rate QoQ Adv (Q1) Q/Q -0.3% vs. Exp. -0.5% (Prev. 2.1%)

Singapore's GDP contracted by 0.3% in Q1, beating expectations of -0.5% and significantly down from the previous quarter's 2.1% growth. This contraction, while better than feared, marks a notable slowdown in economic activity that could influence monetary policy and investor sentiment across the region.