Looking ahead, respondents expect Singapore’s economy to grow by 2.1% in the 4Q2022. The city-state’s economy expanded by 4.1% in the 3Q2022, exceeding the respondents’ median forecast of 3.9% in the September survey.
Singapore’s gross domestic product (GDP) is tipped to expand by 3.6% y-o-y in 2022, according to market watchers in the Monetary Authority of Singapore’s (MAS) December survey of professional forecasters.
The estimate is slightly higher than the previous estimate of 3.5% in September. Some 21 economists and analysts responded to the survey, which was sent out on Nov 23.
