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Author: Marissa Lee - Straitstimes

Category: News

Publication: 07 September 2016

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Singapore 2017


Economists cut Singapore 2017 growth forecast to 1.8% from 2.1%, leave 2016 unchanged at 1.8%

The Singapore economy outdid economists estimates' last quarter to grow at a slightly faster rate than expected, but few are expecting a repeat performance, according to the latest quarterly survey of private economists by the Monetary Authority of Singapore (MAS).

The survey, which polled 22 economists and analysts who closely monitor the Singapore economy last month, showed that respondents expect the Singapore economy to grow by 1.7 per cent in the three months to September, over the same period last year.

This is just slightly lower than the June forecast for 1.8 per cent growth in the third quarter. The forecast does not represent MAS' own views.

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