Economists see 3.3% growth for Singapore in Q2

SINGAPORE – Economists are more upbeat about Singapore’s second-quarter economic growth than they were earlier in the year, according to a survey conducted by the Monetary Authority of Singapore (MAS).

The survey, which polled 26 private sector analysts on their forecasts, showed that economists expect the Singapore economy to grow 3.3 per cent in the three months to June, over the same period last year.

This is up from the 3 per cent growth forecast in a similar survey conducted in March.

Inflation expectations for the full year have also moderated in the latest survey, whose findings were released on Wednesday.

Economists see 3.3% growth for Singapore in Q2