FOREX TradingCharts.com

Financial News: Singapore Economy To Expand 2.5% In 2017: MAS

Singapore Economy To Expand 2.5% In 2017: MAS Survey

06/14/2017 - 03:44:00 (RTTNews)

(RTTNews) - Singapore economy is forecast to expand at a slightly faster than previously estimated pace in 2017, according to the survey of professional forecasters, published by the Monetary Authority of Singapore on Wednesday.

Respondents expect the city-state economy to grow 2.5 percent this year, instead of 2.3 percent projected in the previous survey period. GDP growth is forecast to remain at 2.5 percent next year as well.

For the second quarter of 2017, overall inflation and MAS core inflation are expected to come in at 0.7 percent and 1.6 percent, respectively.

MAS core inflation is seen at 1.5 percent this year, unchanged from previous survey. For the labor market, the respondents expect the unemployment rate to be 2.4 percent at year-end, also unchanged from the previous survey.

Inflation is forecast to rise to 1.4 percent next year from an estimated 0.9 percent in 2017. The projection for 2017 was revised down from 1 percent.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2017 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


U.S. Durable Goods Orders Drop 1.1% In May, More Than Expected (05 min(s), 24 sec(s) ago)
(RTTNews) - New orders for U.S. manufactured durable goods fell by more than expected in the month ...Full Story»

U.S. Durable Goods Orders Drop More Than Expected In May (59 min(s), 24 sec(s) ago)
(RTTNews) - New orders for U.S. manufactured durable goods fell by more than expected in the month ...Full Story»

ARGENTINA: Annual Inflation Will Slow To 22% In July, Says Central Bank Head (01 hr(s), 17 min(s), 24 sec(s) ago)
(RTTNews) - Inflation in Argentina will be around 21% or 22% per year in July and decline in the c ...Full Story»

German Ifo Business Confidence At Record High (02 hr(s), 54 min(s), 24 sec(s) ago)
(RTTNews) - German business confidence strengthened to a record high in June, breaking last month& ...Full Story»

Poland Jobless Rate Declines As Expected In May (04 hr(s), 15 min(s), 24 sec(s) ago)
(RTTNews) - Poland's unemployment rate decreased for the fourth straight month in May, in line ...Full Story»

UK Mortgage Approvals At 8-Month Low: BBA (04 hr(s), 27 min(s), 24 sec(s) ago)
(RTTNews) - UK mortgage approvals declined to an eight-month low in May, the British Bankers' ...Full Story»

Hong Kong Trade Deficit Widens In May (04 hr(s), 33 min(s), 24 sec(s) ago)
(RTTNews) - Hong Kong's foreign trade gap widened in May from a year ago, as imports grew fast ...Full Story»

Germany's Ifo Business Confidence Strengthens In June (05 hr(s), 20 min(s), 24 sec(s) ago)
(RTTNews) - German business confidence strengthened in June, the Ifo Institute reportedly said Mon ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

U.S. Durable Goods Orders Drop 1.1% In May, More Than Expected

06/26/2017 - 09:39 AM (RTTNews)
(RTTNews) - New orders for U.S. manufactured durable goods fell by more than expected in the month ...Full Story>>

U.S. Durable Goods Orders Drop More Than Expected In May

06/26/2017 - 08:45 AM (RTTNews)
(RTTNews) - New orders for U.S. manufactured durable goods fell by more than expected in the month ...Full Story>>

ARGENTINA: Annual Inflation Will Slow To 22% In July, Says Central Bank Head

06/26/2017 - 08:27 AM (RTTNews)
(RTTNews) - Inflation in Argentina will be around 21% or 22% per year in July and decline in the c ...Full Story>>

German Ifo Business Confidence At Record High

06/26/2017 - 06:50 AM (RTTNews)
(RTTNews) - German business confidence strengthened to a record high in June, breaking last month& ...Full Story>>

Poland Jobless Rate Declines As Expected In May

06/26/2017 - 05:29 AM (RTTNews)
(RTTNews) - Poland's unemployment rate decreased for the fourth straight month in May, in line ...Full Story>>

Binary Options Articles Courtesy of NADEX

These pages, and all content ©TradingCharts.com Inc and other copyright holders. Permission is not granted to redistribute charts, data, news or other information found on this site, in any manner. Although it is believed that information provided is accurate, TradingCharts will not accept liability for any loss or damage that may arise from use of the content, inability to access the website, or delay or failure of receive of any information provided through this site.