Singapore to unveil Q3 advance GDP estimates, policy decision on Oct 13

The government will release Singapore's third-quarter advance growth estimates and monetary policy decision on October 13 at 8am local time.

Singapore assets under management growth declines year-on-year
Monetary Authority of Singapore (MAS) Reuters

The government will release Singapore's third-quarter advance growth estimates and monetary policy decision on October 13 at 8am local time.

Private sector economists expect Singapore's growth to quicken to 3.1 percent in the three months to September, according to an analyst poll by the Monetary Authority of Singapore (MAS).

The economy grew by a better-than-expected 2.9 percent in the second quarter as exports and manufacturing rebounded while growth came in at 2.7 percent in the first quarter.

For the full-year, the analysts maintained their growth forecast of Singapore's gross domestic product (GDP) at 2.5 percent, unchanged from the previous survey.

Of the key macroeconomic indicators for 2017, non-oil domestic exports are expected to clock the highest growth at 7.4 percent, up from 5.6 percent in the June survey.

MAS in its semi-annual monetary policy decision is expected by most analysts to keep its exchange-rate based policy steady.

Singapore assets under management growth declines year-on-year
Monetary Authority of Singapore (MAS) Reuters

The government will release Singapore's third-quarter advance growth estimates and monetary policy decision on October 13 at 8am local time.

Private sector economists expect Singapore's growth to quicken to 3.1 percent in the three months to September, according to an analyst poll by the Monetary Authority of Singapore (MAS).

The economy grew by a better-than-expected 2.9 percent in the second quarter as exports and manufacturing rebounded while growth came in at 2.7 percent in the first quarter.

For the full-year, the analysts maintained their growth forecast of Singapore's gross domestic product (GDP) at 2.5 percent, unchanged from the previous survey.

Of the key macroeconomic indicators for 2017, non-oil domestic exports are expected to clock the highest growth at 7.4 percent, up from 5.6 percent in the June survey.

MAS in its semi-annual monetary policy decision is expected by most analysts to keep its exchange-rate based policy steady.

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