Economists trim outlook for 2015 and 2016: MAS quarterly poll
Actual Q3 GDP up 1.9%, below expectations
Singapore
FORECASTERS have cut their expectations for economic growth in Singapore in 2015 and 2016, amid ongoing manufacturing weakness and a regional slowdown.
In a quarterly poll of professional forecasters done by the Monetary Authority of Singapore (MAS) two weeks ago, 22 economists and analysts tempered their outlook for this year's growth in gross domestic product (GDP) from the 2.2 per cent forecast given in the third quarter to 1.9 per cent.
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Economy & Policy
Two men convicted in S$3 billion money laundering case deported to Cambodia
Daily Debrief: What Happened Today (May 6)
Beyond giving grants, EnterpriseSG seeks to be more proactive about helping businesses transform
Daily Debrief: What Happened Today (May 3)
Taylor Swift effect: Singapore hotels’ average room rate grows in March; tourist arrivals reach new post-Covid high
Singapore retail sales up 2.7% in March, extending growth