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Press Release
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24 MAY 2018
MTI Expects GDP Growth to be "2.5 to 3.5 Per Cent" in 2018
MTI Expects GDP Growth to be "2.5 to 3.5 Per Cent" in 2018
The Ministry of Trade and Industry (MTI) announced today that it expects GDP growth for 2018 to come in at "2.5 to 3.5 per cent", compared to the "1.5 to 3.5 per cent" announced previously.
Economic Performance in First Quarter 2018
The Singapore economy grew by 4.4 per cent on a year-on-year basis in the first quarter, higher than the 3.6 per cent growth in the previous quarter. On a quarter-on-quarter seasonally-adjusted annualised basis, the economy expanded by 1.7 per cent, moderating from the 2.1 per cent growth in the preceding quarter.
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Economic Survey of Singapore First Quarter 2018
MINISTRY OF TRADE AND INDUSTRY
24 MAY 2018