SINGAPORE: Economists lowered their forecasts for Singapore’s 2016 growth and inflation compared with three months ago, while downgrading their view on exports and manufacturing activity, a central bank survey showed.
The median forecast of 24 economists surveyed by the Monetary Authority of Singapore (MAS) was for gross domestic product (GDP) to grow 1.9% in 2016, down from 2.2% expected in the previous MAS survey published in December.
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