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2020 GDP forecast
Singapore economy
Singapore's economy contracts by 5.4% in 2020; expected to grow by 4% to 6% in 2021
Singapore’s economy had ended 2020 with a 2.4% y-o-y contraction in the fourth and last quarter of the year.
February 15, 2021
Singapore economy
Rebound in Singapore's economy likely to take longer than previous recessions: MAS
How long will it take for Singapore’s economy to reach pre-Covid levels?
October 28, 2020
Global Economy
2Q20 GDP data likely to emerge on upside despite uncertainties: Oxford Economics
In a report dated 30 June, Vasiljev says the upside may be seen especially for the Eurozone, UK, and US economies. China and Japan’s economies are likely to remain closer to consensus forecasts.
July 02, 2020
Singapore economy
Singapore's factory output makes a surprise 16.5% expansion, but expected to take a hit with 'more pronounced' impact of Covid-19 : EDB
“[A] more pronounced impact [on factory output] is likely to be seen from April 2020 onwards due in part to the implementation of the ‘circuit breaker’ measures,” says EDB.
April 24, 2020
Singapore economy
Market watchers roll back 2020 GDP forecasts as virus spread intensifies
As a result of the virus, Maybank Kim Eng has revised its 2020 GDP growth forecast to 1.1% from the previous 1.8% , while OCBC has widened its 1-2% GDP growth forecast to 0-2%.
February 06, 2020