Homepage |
首页 新闻动态 法律服务 数据服务 项目服务 投资环境 投资服务机构 经济开发区
Macro-Economy | Business Economy | Industrial Economy | Regional Economy

Home >News >Full article
Search
Singapore's growth forcast for 2018 kept at 3.2 pct: survey
2018/6/14 15:50:24 Source:Xinhua

SINGAPORE, June 13 (Xinhua) -- Economists and analysts polled in the survey of professional forecasters kept their forecast for Singapore's 2018 economic growth at 3.2 percent, according to the survey result issued by the Monetary Authority of Singapore (MAS) on Wednesday.

They forecast that Singapore's economic growth for 2019 will stand at 2.8 percent, which is unchanged from the previous survey that was released in March.

As reflected by the mean probability distribution, the survey respondents, on average, estimate between 3 and 3.4 percent to be the most likely growth outcome for the Singapore economy this year, and between 2.5 and 2.9 percent for the economy next year, according to the survey result.

The survey also shows that median CPI-All Items inflation for 2018 as a whole is forecast to be 0.8 percent, down from 1 percent in the March survey.

The forecast for MAS Core inflation in 2018 remains at 1.6 percent. For 2019, the median CPI-All Items inflation is forecast to be 1.5 percent, and the forecast for MAS Core inflation will reach 1.8 percent.

The survey result says trade protectionism continue to dominate the list of potential downsides for Singapore's economy, as 84 percent respondents expect the escalation of trade frictions to present a significant downside risk.

Print Collection Close
 Related News More>>
 Site Map | About Us | Services | Links | Statement
Operated by Investment Promotion Agency of MOFCOM Tel:  (86-10) 64404554

Copyright by Invest in China

Fax: (86-10) 64515317

ICP Record No.: Beijing ICP 06041048 E-mail: service@fdi.gov.cn