Singapore's economy expanded 4.4 percent on the year in the final quarter of 2013, below market expectations, data on Thursday showed.
Economists polled by Reuters had forecast a rise of 4.7 percent. The number also marked a slowdown from a revised 5.9 percent rise in the third quarter.
Wu Lingyun | FlickrVision | Getty Images
Marina Bay Sands Singapore.
Measured on a quarterly, annualized basis, economic growth in the city state fell 2.7 percent in the last quarter of 2013 compared to analyst expectations for a 1.6 percent fall.
Economists say the gross domestic product data from Singapore is important since the country has a small open economy and can often be a good barometer of global inflection points.
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