UOB Group Research

Singapore economy

Inflation to ease further into 2023 after momentum slows in May but MAS easing still not expected in Oct: Analysts

Singapore’s core inflation slowed to 4.7% in May, an increase of just 0.1% m-o-m, down from 5.0% in April.
Analysts reduce their full-year NODX forecasts after May slump - THE EDGE SINGAPORE

Singapore economy

Analysts reduce their full-year NODX forecasts after May slump

Singapore’s May NODX plunged with a contraction of 14.7% y-o-y, significantly worse than Bloomberg’s median estimate of -7.9%.

Broker's Calls

Economists raise Singapore 2021 CPI forecast after May headline inflation beats estimates

Singapore's headline inflation rose 2.4% y-o-y in May, beating Bloomberg consensus estimates of 2.2%.
Return to Phase 2 measures unlikely to impact Singapore's GDP growth for 2021; K-shaped recovery expected: UOB - THE EDGE SINGAPORE

Covid-19

Return to Phase 2 measures unlikely to impact Singapore's GDP growth for 2021; K-shaped recovery expected: UOB

UOB economist Barnabas Gan's remarks come as social restriction measures are tightened from May 8 to 30.

Singapore economy

Economists upbeat on Singapore growth post-2Q20 advanced GDP

Following the release of advance gross domestic product (GDP) estimates by the Ministry of Trade and Industry on Tuesday morning, economists are buoyant on Singapore’s economic outlook, despite the dismal numbers reported in 2Q20.

Singapore economy

NODX contracts for 7th straight month with 8.1% drop in Sept as Singapore fails to escape 'export doldrums'

SIGNAPORE (Oct 17): Singapore’s non-oil domestic exports (NODX) fell 8.1% year-on-year in September – marking the seventh consecutive month of contraction amid uncertainty surrounding the US-China trade war and slowing global growth.
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