Singapore Q3 GDP grows 5.4% on sustained AI-driven demand

What happened: Singapore's economy grew 5.4% in the July-September quarter from a year earlier, per advanced official estimates released Wednesday, as sustained AI-related demand boosted manufacturing. Key numbers: 5.4% year-on-year GDP growth in Q3. Why it matters: The central bank maintained monetary policy and said inflation is expected to ease from mid-next year, with exports expanding on high technology sector demand.

Singapore's economy grew 5.4% in the July-September quarter from a year earlier, per advanced official estimates released Wednesday, as sustained AI-related demand boosted manufacturing.

The central bank maintained monetary policy and said inflation is expected to ease from mid-next year, with exports expanding on high technology sector demand.