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Macro - Country Economic Forecasts - Singapore

Publisher Oxford Economics
Published Jun 06, 2022
Length 10 Pages
SKU # OFE17216015

Description

Macro - Country Economic Forecasts - Singapore

Singapore started the year on a strong note as a rebound in household spending lifted the final Q1 GDP, supporting our view of the reopening boosting the domestic recovery. But with another upward revision to our global oil price and inflation forecasts, we have turned more cautious on the consumption outlook going forward. At the same time, a weaker external environment has pulled down our exports forecast. Overall, we have nudged down our 2022 and 2023 growth forecasts by 0.1ppt to 3.2% and 2.2% respectively from a month earlier.

Table of Contents

10 Pages
Singapore: External pressures constrain 2022 outlook despite strong Q1
Forecast overview
Recent developments
Short-term outlook
Economic risk
Economic risk evaluation
Risk warnings
What to watch out for
Exposure to key global risks
Long-term prospects
Background
Economic development
Structure of the economy
Balance of payments and structure of trade
Policy
Politics

Pricing

Currency Rates
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