{"id":74832,"date":"2020-07-13T00:23:30","date_gmt":"2020-07-13T04:23:30","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=74832"},"modified":"2020-07-15T03:40:58","modified_gmt":"2020-07-15T07:40:58","slug":"singapore-enters-recession-after-economy-shrinks-more-than-40-quarter-on-quarter","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/07\/2020\/singapore-enters-recession-after-economy-shrinks-more-than-40-quarter-on-quarter.html","title":{"rendered":"Singapore enters recession after economy shrinks more than 40% quarter on quarter"},"content":{"rendered":"<p>(CNBC) Singapore\u2019s economy entered a technical recession after shrinking by 41.2% in the second quarter compared to the previous quarter, advance estimates by the Ministry of Trade and Industry showed on Tuesday. The latest gross domestic product estimate \u2014 computed largely from data in April and May \u2014 was worse than analysts\u2019 forecast. Economists polled by Reuters had expected the Southeast Asian economy to shrink by 37.4% quarter-over-quarter.<\/p>\n<p><a href=\"https:\/\/www.cnbc.com\/2020\/07\/14\/singapores-q2-advanced-gdp-estimates-economy-contracts-12point6percent-year-over-year.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) Singapore\u2019s economy entered a technical recession after shrinking by 41.2% in the second quarter compared to the previous quarter, advance estimates by the Ministry of Trade and Industry showed on Tuesday. The latest gross domestic product estimate \u2014 computed [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-74832","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/74832","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=74832"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/74832\/revisions"}],"predecessor-version":[{"id":74833,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/74832\/revisions\/74833"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=74832"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=74832"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=74832"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}