Singapore Q1 GDP -0.6% q/q (expected -1.0%, prior -0.8%)
Singapore Q1 GDP +3.9% y/y vs Reuters poll +3.6%
- expected 3.6%, prior 3.8%
Singapore Q1 GDP -0.6% q/q at seasonally adjusted rate
- expected -1.0%, prior -0.8%
Singapore MTI maintains 2025 GDP growth forecast at 0.0% to +2.0%
Singapore MTI says despite recent positive developments, global economic outlook remains clouded by uncertainty, with risks tilted to downside
Singapore MTI says Singapore’s external demand outlook for rest of year improved slightly compared to April
Singapore MTI says growth of outward-oriented sectors expected to slow over course of year
Singapore MTI says slowdown in manufacturing sector, weaker global trade, expected to weigh on trade-related services sectors in 2025
Singapore MTI says growth in finance, insurance sector could be weighed down by episodes of weaker trading activity in 2025