Economy

Retail sector faces contraction amid weaker demand and higher inflation expectations In October 2023, Singapore’s retail sales saw a 0.1% decline year-on-year, reversing the previous...

Non-Oil Domestic Exports Decline Slows, Yet Geopolitical Tensions Pose Ongoing Risks Singapore’s key exports experienced a decline of 13.2% year-on-year in September, a significant easing...

Non-Oil Domestic Exports Show Rebound in Key Markets, but Risks Persist September’s trade data has sparked cautious optimism among economists, as Singapore’s key exports show...

Core Inflation Declines While Headline Inflation Nudge Up in September The Monetary Authority of Singapore (MAS) has initiated a public consultation on proposed changes to...

Electronics Sector Sees Growth Amid Mixed Outlook for the Future Singapore’s manufacturing output showed signs of improvement in September 2023, declining by only 2.1% year-on-year...

Weak Global Demand and Fragile Recovery Pose Challenges for Singapore’s Economic Growth Singapore’s economy is closely tied to its non-oil domestic exports (NODX) and factory...

Gradual Recovery Expected Amid Global Economic Challenges Singapore’s economy is projected to improve gradually in the second half of 2024, with a more balanced growth...

Despite a milder contraction in manufacturing, Singapore’s third-quarter growth signals gradual recovery. Singapore’s economy grew 0.7% year-on-year in Q3 2023, an improvement from the 0.5%...

While Q3’s growth exceeded expectations, economists remain uncertain about Singapore’s full-year economic performance. Despite an unexpected 0.7% year-on-year growth in Singapore’s GDP for Q3 2023,...

Electronics sector plunge leads to contraction in manufacturing. Singapore’s manufacturing sector experienced a significant downturn in August, with factory output dropping by 12.1% year-on-year, marking...