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Trade protectionism, China economy seen as increasingly risky to Singapore's GDP growth

Singapore economy

Trade protectionism, China economy seen as increasingly risky to Singapore's GDP growth

Michelle Zhu Published on Wed, Sep 05, 2018 / 12:00 PM GMT+8

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SINGAPORE (Sept 5): The Singapore economy is forecast to expand by 3.2% this year before growth eases to 2.7% in 2019, according to the latest survey of economists and analysts conducted by the Monetary Authority of Singapore (MAS).

Both full-year forecasts remain unchanged from the previous month’s survey, whose mean probability distribution reflected that the most likely outcome is for Singapore’s gross domestic product (GDP) to grow between 3-3.4% this year and within the range of 2.5-2.9% in the next year.

This comes after Singapore’s GDP expanded by 3.9% in 2Q18 compared with the same period last year, similar to the median forecast reported in MAS’s June survey.

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Trade protectionism, China economy seen as increasingly risky to Singapore's GDP growth

Singapore economy

Trade protectionism, China economy seen as increasingly risky to Singapore's GDP growth

Primary tabs

Error message

Trade protectionism, China economy seen as increasingly risky to Singapore's GDP growth

Singapore economy

Trade protectionism, China economy seen as increasingly risky to Singapore's GDP growth

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