The Business Times
business-time-50

Economists’ forecasts down for Singapore’s 2022 growth, up for inflation; 4.8% growth seen in Q2

google-preferred-sourceAdd BT as a preferred source
Tessa Oh

Tessa Oh

Published Wed, Jun 8, 2022 · 12:00 PM
    • Private-sector economists now expect headline inflation to hit 5 per cent, and core inflation to reach 3.4 per cent for the full year.
    • Private-sector economists now expect headline inflation to hit 5 per cent, and core inflation to reach 3.4 per cent for the full year. The Straits Times

    PRIVATE-SECTOR economists have raised their full-year forecasts for Singapore’s inflation and lowered them for growth.

    However, they expect 4.8 per cent growth in the second quarter, up from 3.7 per cent in Q1, going by the latest survey of professional forecasters published by the Monetary Authority of Singapore on Wednesday (Jun 8).

    Though somewhat gloomier, the changed full-year expectations are still within official forecast ranges for both inflation and growth.

    Singapore economySingapore inflationMonetary Authority of Singapore

    TRENDING NOW

    Eugene Lai (left) says that he was sharing a view with Tan Chian Khong that the board needed a refresh and that it was not an explicit direction to resign.

    CSE Global independent director quits after clashes with chairman Eugene Lai over board refresh

    In the last round of bidding, the premium for Category B was S$980 more than that for Category A.

    Cat A COE rate exceeds Cat B for third time in 4 months; premiums largely down

    Siranudh Scott had caused an internet sensation with a video accusing his brother of allegedly abusing him during his childhood years.

    ‘I felt like dying’: Thai Singha beer scion speaks up after disclosure of alleged sexual abuse

    The suspension at Manulife comes amid a broader, coordinated crackdown on cross-border wealth channels.

    Manulife pulls loan product for rich Hong Kong clients after scrutiny

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More