Singapore, India trade down 15.9% in 2012

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PTI: Singapore, Feb 22 2013, 12:17 IST
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economic growth was expected to remain stagnant, weighed down by ongoing fiscal tightening, private sector deleveraging, as well as high unemployment rates.

In Asia, growth was likely to be moderate, supported by resilient domestic demand and modest growth in external demand, the Ministry said.

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