On December 11, according to a survey by the Monetary Authority of Singapore, Singapore’s GDP growth rate is expected to be 3.6% in 2024 (previously 2.6%), and the GDP growth rate in the fourth quarter is expected to be 3.1% (previously 2.2%).
The core inflation rate in 2024 is expected to be 2.8% (previous value 2.9%), and the core inflation rate in the fourth quarter is expected to be 2.1%. Most people believe that the monetary policy setting will not change in the January, April and July assessments.