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OUTLOOK 2022
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As lagging sectors close recovery gap in 2022, inflation could be new risk

DBS economists see broader developments in China as the largest risk to Singapore's growth in the next 6 to 12 months

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Janice Heng

Janice Heng

Published Wed, Dec 22, 2021 · 09:50 PM

    Singapore

    If 2021 was a tale of 2-speed recovery for Singapore, then 2022 should see the laggards finally catching up - assuming that Covid-19 complications do not derail this. But as growth stabilises, inflation is emerging as a new risk.

    The official gross domestic product (GDP) growth forecast range for 2022 is 3 per cent to 5 per cent, slowing from this year's predicted growth of around 7 per cent.

    Singapore economySingapore inflation

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