Singapore 4Q GDP losing steam compared to blistering 3Q pace

SINGAPORE (Dec 26): Singapore's economy is expected to have lost some steam in the fourth quarter, but may show enough momentum to keep alive expectations of a monetary policy tightening next year.

Gross domestic product (GDP) in the October-December quarter is expected to grow 2.7% compared with the same period a year earlier, according to the median forecast in a Reuters survey of 10 economists. 

In the third quarter the economy grew 5.2%, the quickest year-on-year expansion in nearly four years, thanks to a boom in manufacturing that some analysts say will encourage tighter monetary policy in 2018.     

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