You are here

Weak Q1 data prompts full-year downgrades by economists

MTI's advance estimate puts first-quarter growth at 1.8%, deepening fears of a technical recession

sg.jpg
They are only advance estimates of Singapore's economic growth in the first quarter of this year, but are enough to deepen fears of a technical recession among economists.

Singapore

THEY are only advance estimates of Singapore's economic growth in the first quarter of this year, but are enough to deepen fears of a technical recession among economists.

Some have even downgraded their growth forecast for the full year.

Their chief concern is...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes