SINGAPORE: Singapore's central bank said yesterday the robust pace of economic expansion enjoyed by the trade reliant city-state over the past nine months is expected to slow down in the coming quarters while inflation will pick up.
The Monetary Authority of Singapore (MAS) said in its biannual macro-economic review that economic activity would moderate back to more sustainable levels after three consecutive quarters of double-digit sequential growth.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!