Strong April-May industrial output data suggest that Singapore will post another stunning q/q annualised GDP gain when the Q2 figures are released by mid-July. Even Singapore cannot keep this up but the inevitable slowdown later this year, at its worst, should just take growth back to its trend pace. The Singapore dollar looks set for sustained appreciation against the US dollar although there will continue to be episodes when higher global investor risk aversion brings short term weakness.
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