Singapore's economy dropped a record 41.2 percent in the second quarter compared to the first three months of the year, reveals a preliminary assessment of the country's gross domestic product (gdp) for April, May and June, published by its Ministry of Trade and Industry Tuesday.
Shutdowns due to the virus pandemic have eroded economic activity in the city-state. Gdp is 12.6 percent lower than for the second quarter last year.
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