SINGAPORE, Sept 6 — Economists have downgraded Singapore's 2023 growth forecasts and inflation expectations, according to a survey by the country's central bank...
SINGAPORE, Sept 6 — Economists have downgraded Singapore's 2023 growth forecasts and inflation expectations, according to a survey by the country's central bank published today, with spillovers from an external growth slowdown cited as the top risk.
Both headline inflation and MAS core inflation are expected to ease in 2024, to 3.1 per cent and 2.8 per cent respectively. About 69 per cent of survey respondents cited the impact of a slowdown in external growth as the downside risk to the domestic outlook.
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