The rest of the segments, as well as Singapore’s non-oil domestic exports (NODX) remain unchanged.
The Singapore economy is expected to expand by 2.4% in 2024, according to the economists and analysts who responded to the Monetary Authority of Singapore’s (MAS) March 2024 survey of professional forecasters.
This is slightly higher than the 2.3% estimate in the December survey. Among the segments, manufacturing, finance & insurance and construction are expected to see higher y-o-y growths, while wholesale & retail trade as well as accommodation & food services are expected to see lower y-o-y expansions.
