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Ministry of Trade and Industry (MTI)
Singapore economy
Singapore's GDP expands by 3.6% in 2022; 2023 growth forecast kept at 0.5% to 2.5%
The country’s economy grew by 2.1% y-o-y in the 4Q2022.
February 13, 2023
Singapore economy
Singapore’s headline inflation eases to 6.5% while MAS core inflation remains unchanged at 5.1% in December
In 2022, core inflation averaged at 4.1%, compared to 2021’s 0.9%.
January 25, 2023
Singapore economy
GDP growth momentum 'likely' to moderate below 2% y-o-y handle in 1Q2023: analysts
Analysts have kept their 2023 GDP estimates unchanged even if they are expecting Singapore's 2023 GDP growth momentum to moderate.
January 05, 2023
Singapore economy
Headline and MAS core inflation nearly unchanged m-o-m at 6.7% and 5.1% in November
In 2023, headline and core inflation are projected to range between 5.5%–6.5% and 3.5%–4.5%, with the GST increase factored in.
December 23, 2022
Singapore economy
October's headline inflation eases to 6.7% while core inflation eases to 5.1%
For 2022, CPI-All Items inflation is expected to average around 6.0% while MAS Core Inflation is expected to average around 4.0%.
November 23, 2022
Singapore economy
Singapore all-items CPI up by 7.5% y-o-y in September; MAS Core Inflation up by 5.3% y-o-y
MAS says core inflation is projected to stay elevated in the next few quarters before slowing in 2H2023.
October 25, 2022
Sustainability
Singapore to tighten guidelines on electricity retailers, generation companies
Speaking at the Singapore International Energy Week (SIEW) 2022, Gan says the energy landscape has changed significantly.
October 25, 2022
Singapore economy
Singapore all-items CPI increase by 7.5% y-o-y in August; MAS Core Inflation up by 5.1% y-o-y
MAS and MTI have kept their full-year estimates unchanged.
September 23, 2022
Global Economy
Briefs: Malaysia's ex-PM Najib Razak goes to jail; Singapore to drop most mask requirements from Aug 29
"I hope the new balance will enable Singapore to remain a tolerant and inclusive society for many years to come." - PM Lee.
August 26, 2022
Singapore economy
Singapore all-items CPI up 7.0% in July; MAS Core Inflation up by 4.8% y-o-y
July's inflation have surpassed the full-year estimates pencilled in by the MAS and MTI.
August 23, 2022