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12-06-2013, 09:40 PM
An honorable member of the Coffee Shop Has Just Posted the Following:
SINGAPORE: Private sector economists expect the Singapore economy to grow by 2.3 per cent this year -- down from their previous estimate of 2.8 per cent in March.
The downgrade comes after the Singapore economy grew just 0.2 per cent in the first quarter.
In a quarterly survey conducted by the Monetary Authority of Singapore, private sector forecasters expect a 1.5 per cent growth for the Singapore economy in the second quarter of 2013 -- a downgrade from an earlier estimate of 2.0 per cent growth.
Inflation is forecast to ease to 2.8 per cent in 2013, one percentage point lower than the 3.8 per cent projected in March.
Click here to view the whole thread at www.sammyboy.com (http://www.singsupplies.com/showthread.php?154294-Economy-spluttering!-Without-construction-sure-mati!&goto=newpost).
SINGAPORE: Private sector economists expect the Singapore economy to grow by 2.3 per cent this year -- down from their previous estimate of 2.8 per cent in March.
The downgrade comes after the Singapore economy grew just 0.2 per cent in the first quarter.
In a quarterly survey conducted by the Monetary Authority of Singapore, private sector forecasters expect a 1.5 per cent growth for the Singapore economy in the second quarter of 2013 -- a downgrade from an earlier estimate of 2.0 per cent growth.
Inflation is forecast to ease to 2.8 per cent in 2013, one percentage point lower than the 3.8 per cent projected in March.
Click here to view the whole thread at www.sammyboy.com (http://www.singsupplies.com/showthread.php?154294-Economy-spluttering!-Without-construction-sure-mati!&goto=newpost).