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Singapore
Private consumption and investment are expected to support Singapore’s modest expansion to 2.6% GDP growth in 2013. Downside risks include tepid external conditions, while upside risks to inflation are more domestic-driven. Enhancing productivity and ensuring balanced demographics are key policy challenges.
Real Gross Domestic Product (y-o-y growth, %)
y-o-y = year-on-year.
Source: CEIC database; Ministry of Trade and Industry.
Source: CEIC database; Ministry of Trade and Industry.
| Latest | Month-Ago | Year-Ago | ||
|---|---|---|---|---|
| Exchange Rate Index 1 | 131.8 (Feb13) | 133.0 | 130.2 | |
| Merchandise Export Growth 2 | -0.1 (Jan13) | -0.1 | 4.4 | |
| Composite Stock Price Index 3 | 109.6 (Mar13) | 109.8 | 99.9 | |
| Growth of Broad Money 4 | 9.7 (Feb13) | 8.5 | 9.5 | |
| Industrial/Manufacturing Production Growth Rate 5 | -0.6 (Dec12) | 2.9 | 25.1 | |
| Headline Inflation Rate 5 | 3.6 (Jan13) | 4.3 | 4.8 | |
| Claims on the Private Sector 5 | 13.3 (Dec12) | 12.6 | 18.6 | |
| 1 Monthly average, January 2006 = 100, $/local currency; an increase from previous period indicates appreciation. 2 3-month moving average, y-o-y, %. 3 Monthly average, January 2007=100, local index. 4 M2, y-o-y, %. 5 y-o-y, %. | ||||
| Source: Bloomberg LP; CEIC database; International Entreprise Singapore; Monetary Authority of Singapore; Singapore Economic Development Board; Singapore Department of Statistics; IMF International Financial Statistics Online. | ||||
