Singapore’s advance estimate of GDP in the second quarter shows that the economy contracted due to weakness in the manufacturing sector. However, the expansion should resume in the second half of this year in spite of weaker global conditions. We still believe the Monetary Authority of Singapore will maintain its current policy stance at its next six-month review in October.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services