MAS predicts 2-3% GDP growth through 2025, with 1.5-2.5% core inflation stabilization.

The Monetary Authority of Singapore (MAS) reports a strong economic recovery, projecting GDP growth between 2-3% through 2025, supported by robust trade and a positive global outlook. Core inflation is expected to stabilize around 1.5-2.5%. While risks such as trade tensions and a cooling Chinese economy remain, the overall inflation outlook has improved. Lower imported fuel and food costs have contributed to easing inflationary pressures.

October 28, 2024
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