Expect Singapore's 3Q GDP growth to be at its strongest this year: DBS

SINGAPORE (Nov 20): DBS is forecasting for Singapore’s 3Q17 gross domestic product (GDP) growth to be raised to 5.1% and 8.5% on a y-o-y and q-o-q seasonally annually adjusted rate (saar), respectively – up from the Ministry of Trade and Industry’s (MTI) advance estimates of 4.6% y-o-y and 6.3% q-o-q saar.  

See: Singapore's GDP grows 4.6% in 3Q: MTI advance estimates

In a Monday flash note, senior economist Irvin Seah projects for overall GDP growth to register at 5.7% for 2017, which is at the top-end of the official forecast range of 5.2-5.7%.

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