Economists see Singapore economy slowing slightly more than predicted in 2019


The economy grew 3.0 percent in the July-September quarter from the previous three months on an annualised and seasonally adjusted basis, revised final figures from Ministry of Trade and Industry (MTI) showed. The government's initial estimate, released on October 12, had showed the economy grew 4.7 percent.

SINGAPORE: While trade tensions between the United States and China could ease, key economists shaved more off their forecast for 2019 economic growth, the latest Monetary Authority of Singapore (MAS) survey shows.

A big downside risk is protectionism, they added.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Business , singapore , economy , growth , slowing , GDP , forecast ,

Next In Business News

Total vehicles sold in 2025 surprises on the upside
Ancom Nylex reports better 2Q net profit
On track for further gains
MyTech takeover bid turns unconditional�
Benign inflation supports Malaysia growth outlook
Most Malaysian CEOs target growth beyond core sectors
Charting next growth phase with ROAR30
ISF Group IPO oversubscribed by over 31 times
KKB Engineering wins RM80mil contracts
ICT Zone wins RM17.3mil tech contract

Others Also Read