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MONDAY MULTIPLE

The numbers show it, I don't feel it

While sentiment among investors and analysts has picked up, anecdotal sentiment among ordinary people still seems weak. Why the disconnect?
Monday, June 26, 2017 - 05:50

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In Singapore, the statistics show that the median gross monthly income from work for full-time workers, excluding employer Central Provident Fund contributions, inched up to S$3,500 in June 2016 from S$3,467 a year ago.

THE numbers, it must be said, are looking good.

The US economy has been growing at over 2 per cent, Europe was actually growing faster than the US in the first quarter, and Asia is growing at around 5 per cent. Sentiment for manufacturers, based on various surveys, is buoyant all-round.

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