2024 Singapore monetary policy unchanged, core inflation 3%, 2022 economic growth 2.4%, manufacturing growth 1.6%, finance growth 5.1%, unemployment 2.1%.
2024 monetary policy in Singapore remains unchanged, according to a recent MAS survey. Economists expect core inflation to remain at 3% and predict a 2.4% economic growth in 2022. The manufacturing sector growth forecast has been reduced to 1.6% from 4%, while the finance sector growth forecast is raised to 5.1% from 3.4%. Overall unemployment rate is predicted to remain at 2.1%.
June 12, 2024
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