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MTI Maintains 2018 GDP Growth Forecast at "2.5 to 3.5 Per Cent"

13 August 2018

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13 August 2018. The Ministry of Trade and Industry (MTI) announced today that the GDP growth forecast for 2018 is maintained at "2.5 to 3.5 per cent”.

Economic Performance in Second Quarter 2018

The Singapore economy grew by 3.9 per cent on a year-on-year basis in the second quarter, easing from the 4.5 per cent growth in the previous quarter. On a quarter-on-quarter seasonally-adjusted annualised basis, the economy expanded at a slower pace of 0.6 per cent compared to the 2.2 per cent growth in the preceding quarter. 

Please click here for the full press release.

Economic Survey of Singapore Second Quarter 2018


MINISTRY OF TRADE AND INDUSTRY
13 AUGUST 2018

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