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Singapore Q2 GDP Climbs 4.4% On Year
(RTTNews) - Singapore's gross domestic product expanded 4.4 percent on year in the second quarter of 2025, the Ministry of Trade and Industry said on Tuesday - beating forecasts for 4.3 percent, which would have been unchanged.
On a seasonally adjusted quarterly basis, GDP was up 1.4 percent after contracting 0.5 percent in the three months prior.
For the first half of 2025, Singapore's GDP was up 4.3 percent on year.
Upon the release of the data, the MTI upgraded its growth forecast from 0 to 2 percent to 1.5 to 2.5 percent. The MTI acknowledged, however, that the economic outlook for the rest of the year remains clouded by uncertainty, with the risks tilted to the downside.
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Singapore Private Sector PMI Improves To 52.7 - S&P Global
The private sector in Singapore continued to expand in July, and at a faster pace, the latest survey from S&P Global revealed on Tuesday with a services PMI score of 52.7.
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Singapore Central Bank Maintains Monetary Policy
Singapore central bank maintained its monetary policy on Wednesday after easing twice this year, as there are risks to growth from renewed trade conflicts and geopolitical shocks. The Monetary Authority of Singapore said it will maintain the prevailing rate of appreciation of the S$NEER policy band and there will be no change to its width and the level at which it is centered.
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Singapore GDP Jumps 5.6% In Q2
Singapore's gross domestic product expanded a seasonally adjusted 5.6 percent on quarter in the second quarter of 2025, the Singapore Department of Statistics said on Monday.
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Singapore GDP Climbs 3.9% On Year In Q1
Singapore's gross domestic product expanded 3.9 percent on year in the first quarter of 2025, the Ministry of Trade and Industry said on Thursday.
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Singapore Central Bank Softens Monetary Policy
Singapore's central bank eased its monetary policy for the second time as inflation remained low, while downside risks to growth outlook increased due to the lack of clarity over policies of the US administration and trade frictions. The Monetary Authority of Singapore said it will continue with the policy of a modest and gradual appreciation of the S$NEER policy band.
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Singapore GDP Climbs 5.0% On Year In Q4
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Singapore Private Sector Slips Into Contraction - S&P Global
The private sector in Singapore fell into contraction territory in January, the latest survey from S&P Global revealed on Wednesday with a PMI score of 49.9.
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Singapore Private Sector Slows In December - S&P Global
The private sector in Singapore continued to expand in December, albeit at a slower pace, the latest survey from S&P Global revealed on Monday with a PMI score of 51.5.
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