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Economic Sentiments In Singapore

11 August 2016

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​Economic Sentiments In Singapore

Many macroeconomic data series, including Gross Domestic Product (GDP), are published with a lag. The problem of data lag is partially mitigated by the use of more regular activity-based indicators such as the monthly industrial production and retail sales indices. Such indicators are further complemented by survey-based sentiment indices which measure economic agents’ perception of the outlook of the economy in the near future.

In this study, we tap on unconventional data sources to obtain a higher-frequency and more real-time measure of economic sentiments in Singapore. This is part of our effort to expand the use of high frequency, real-time data to complement traditional indicators for better monitoring of the health of the Singapore economy.

Download for the full article [PDF, 203 KB].

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