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2024 Singapore economic growth forecast raised to 2.6% by private-sector economists, per MAS.
Private-sector economists have increased Singapore's 2024 economic growth forecast to 2.6% from 2.4%, as reported by the Monetary Authority of Singapore (MAS).
This follows a 2.9% year-on-year growth in the second quarter.
However, manufacturing growth expectations have dropped to 0.6%.
For 2025, the GDP forecast remains at 2.5%.
Economists also foresee easing inflation and anticipate potential monetary policy adjustments in the coming months.
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2024 Las previsiones de crecimiento económico de Singapur se elevaron al 2,6% por economistas del sector privado, por MAS.