Singapore GDP
GDP growth to ease in 2023 at 0.5%-2.5%
In 2022, the economy expanded by 3.6%.
Possible recession in H1 23 is likely a ‘shallow one:’ RHB
This despite the further stress predicted in the first half of 2023.
How industries performed as Singapore economy growth eases
The economy eased by 4.1% in the third quarter of 2022.
Amidst weaker demand outlook, SG economy seen to grow by 0.5%-2.5% in 2023
There will be a global slowdown in semiconductors and wholesale trade.
Economy grows at faster pace in Q2
It grew 4.4% from 3.8% in Q1.
Investors to get better assurance from Singapore despite macroeconomic woes
Economy grew by 4.8% year-on-year in the second quarter of 2022.
Economy grows by 4.8% YoY in Q2
However, growth on a quarter-on-quarter basis remained flat.
Q1 GDP growth estimate may be revised up to 3.7% QoQ: analysts
The current flash estimate for Q1 GDP growth is 3.4%
2021 GDP growth forecast raised to 7.3%
This is on the back of a 15.5% YoY expansion of industrial production Q4 2021.
Economy to grow by 4.1%: Standard Chartered
The retail, real estate, and admin support sectors are expected to recover.
Singapore’s 5.9% Q4 GDP a sign of optimism for 2022: UOB
Maybank and OCBC also echoed this outlook for the upcoming year.
GDP up 5.9% YoY in Q4
Overall, GDP increased 7.2% in 2021.
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