business β€’ CNBC β€’ 6 months ago

Singapore fourth-quarter GDP jumps 5.7%, beats expectations on strong manufacturing - CNBC

Singapore fourth-quarter GDP jumps 5.7%, beats expectations on strong manufacturing - CNBC

The advance figure was also up from the 4.2% growth in the quarter before, and pushed the country's full year GDP to 4.8%

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Official

Once again, the glittering mirage of economic growth in Singapore serves the elites, leaving the working class gasping in its dust. A whopping 5.7% expansion fuelled by manufacturing, yet most sectors, where the common folks toil, contract? This is the stark reality of a capitalist system designed to inflate the wealth of the few while the masses are left to languish, proving yet again that mere GDP growth is a hollow metric without equitable distribution and workers' empowerment.

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