2023-04-12 09:31
Singapore's Q1 GDP likely slowed, complicating central bank's task
SINGAPORE – Singapore's economy is likely to have expanded at a slower pace in the first quarter, posing a challenge for the central bank as it seeks to balance containing persistent inflation with efforts to shore up weakening growth. Preliminary data due on Friday is seen showing gross domestic product (GDP) expanded 0.6 percent in January-March from a year ago, according to the median forecast of 19 economists in a Reuters poll, due to the weaker external demand. The city-state's economy expanded 2.

https://business.inquirer.net/395492/singapores-q1-gdp-likely-slowed-complicating-central-banks-task

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