The Growth rate of Singapore's Economy slowed to 6 percent in the fourth quarter, followed by a 9 percent growth in the previous quarter.



Figures given by an advanced Government Estimation shows that weak manufacturing sector is responsible for slower growth in Gross Domestic Product of the country's economy. Output in Manufacturing sector, particularly in biomedical manufacturing fell in fourth quarter.



Full-year growth rate of Singaporean Economy reached at 7.5 per cent for 2007 even in the presence of slower growth in fourth quarter.


With a falling economic activity, it is widely expected that country's Central Bank will keep rates unchanged.