Economists see Singapore economy slowing slightly more than predicted in 2019


  • Economy
  • Thursday, 13 Dec 2018

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.

Subscribe now to our Premium Plan for an ad-free and unlimited reading experience!

Business , singapore , economy , growth , slowing , GDP , forecast ,

   

Next In Business News

CPO futures to trade on upside bias next week on expectation of weaker output
Oil gains over 2% but posts seventh weekly decline
In China’s slowing beauty market, big-brand discounts won’t cut it
YTL Power and Nvidia in AI collaboration
Westports inks deal with govt to expand terminals
Succession planning and moving in the right direction
Bank Pembangunan has plenty of potential
Setting the standards the Gamuda way
Singapore signs deal with Latin American bloc
Critical factors to consider before MLFF rollout

Others Also Read