Maybank Economics Research

Analysts reduce their full-year NODX forecasts after May slump - THE EDGE SINGAPORE

Singapore economy

Analysts reduce their full-year NODX forecasts after May slump

Singapore’s May NODX plunged with a contraction of 14.7% y-o-y, significantly worse than Bloomberg’s median estimate of -7.9%.
Manufacturing contraction year-to-date could see improvement in 2H2023: RHB - THE EDGE SINGAPORE

Broker's Calls

Manufacturing contraction year-to-date could see improvement in 2H2023: RHB

Economist Barnabas Gan has kept his industrial production growth forecast at 0% to 2%, with the balance of risks to the downside.
Core inflation could slow in 2H2023; MAS to hold in Oct meeting: analysts - THE EDGE SINGAPORE

Singapore economy

Core inflation could slow in 2H2023; MAS to hold in Oct meeting: analysts

RHB economist Barnabas Gan expects that core inflation momentum will decline to 0.1% to 0.2% m-o-m in 4Q2023.
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