Singapore's GDP to moderate to 2.5% in 2018 on production slowdown, says Maybank

SINGAPORE (Nov 29): Maybank Kim Eng is forecasting Singapore’s GDP to moderate to 2.5% in 2018 from 3.4% GDP growth in 2017 on a slowdown in industrial production growth.

Notably the construction sector looks poised for a rebound in 2018 with the en bloc activity in the past couple of quarters.

On other fronts, the most recent data suggests tourist arrivals, unemployment and wages have been incrementally positive too.

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