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Singapore : Contributions to growth , by industry

3.29.1 Contributions to growth, by industry 2011 2012 Business servicesı Construction Transportation and storage Finance and insurance ! Information and communications Accommodation and food services Other services industriesı Manufacturing Wholesale and retail trade! -0.5 0.0 0.5 1.0 1.5 2.0 Percentage points Source: Ministry of Trade and Industry. 2012. Economic Survey of Singapore. www.mti.gov.sg 3.29.1 Contributions to growth, by industry 2011 2012 Business servicesı Construction Transportation and storage Finance and insurance ! Information and communications Accommodation and food services Other services industriesı Manufacturing Wholesale and retail trade! -0.5 0.0 0.5 1.0 1.5 2.0 Percentage points Source: Ministry of Trade and Industry. 2012. Economic Survey of Singapore. www.mti.gov.sg

Singapore : Contributions to growth , by industry

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The economy expanded by 1.3% in 2012, down from 5.2% in 2011 in line with continuing challenges in the global economy. Demand slowed dramatically for externally dependent sectors, particularly manufac... turing and wholesale and retail trade (Figure 3.29.1). Manufacturing growth was flat as electronics output dipped owing to weaker demand for non-mobile technologies. Domestically oriented sectors—construction and business services, in particular—were the main engines of growth in 2012, accounting for half of GDP growth. Construction expanded by 8.2%, supported by robust public and private demand. Sales of private houses jumped 40%, boosted by low interest rates. Strong growth in the business services sector depended heavily on the buoyant real estate market. Source : Singapore Ministry of Trade and Industry : Economic Survey on National Income, Labour Market, Labour Productivity, Industrial Production , Investment Commitments, Retail Sales Index, Visitor Arrivals, Consumer Price Index, External Trade, Balance of Payments,Foreign Reserves, Exchange Rate http://www.mti.gov.sg/ResearchRoom/Pages/default.aspx

Singapore : Contributions to growth , by industry

Singapore : Contributions to growth , by industry

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