Singapore services
Singapore revises 2025 GDP growth to 5% from 4.8% earlier, bolstered by a strong Q4
MTI raises 2026 forecast economic expansion to 2% to 4%, compared to 1% to 3% previously
Singapore’s 2024 GDP grows by 4.4%, better than advance estimates of 4%
But for 2025, MTI’s growth forecast range remains unchanged at 1-3%
Unit business costs for manufacturing, services up in 2024; labour cost set to keep rising in 2025
Wage growth outpaces productivity growth in 2024
Economists’ Singapore growth forecast jumps for 2024, but only edges up for 2025: survey
Geopolitical tensions are increasingly seen as a downside risk
Economists’ 2024 growth forecast for Singapore rises to 2.6%, but manufacturing expectations fall: survey
Median forecasts for both headline and core inflation fall slightly, but most of those surveyed still expect no MAS moves this year
Economists raise Singapore’s 2024 GDP forecasts on better-than-expected H1 growth, broadening recovery
They agree that the country’s monetary policy stance will likely be maintained at the upcoming review
Economists keep 2.4% forecast for Singapore’s growth, but expect less from manufacturing, survey finds
Economists’ forecasts have been lowered for headline inflation, but maintained for core inflation
Economists raise Singapore’s 2024 growth forecast to 2.4%; expect lower headline inflation of 3.1%: survey
PRIVATE-SECTOR economists marginally raised their forecast for Singapore’s 2024 economic growth and lowered their expectations for headline inflation, in the latest quarterly survey of professional fo...
Singapore's services sector less sanguine about next half year: DoS survey
FIRMS in Singapore's services sector are less upbeat about their short-term business prospects than they were a quarter ago.