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Singapore s economy expected to shrink in Q1, MAS likely to leave policy unchanged: Poll

The Straits Times Singapore s economy expected to shrink in Q1, MAS likely to leave policy unchanged: Poll Analysts say external demand and reopening of international borders is key to Singapore s economic growth.ST PHOTO: GIN TAY PublishedApr 7, 2021, 2:58 pm SGT https://str.sg/JCrJ They can read the article in full after signing up for a free account. Share link: Or share via: Sign up or log in to read this article in full Sign up All done! This article is now fully available for you Read now Get unlimited access to all stories at $0.99/month for the first 3 months. Get unlimited access to all stories at $0.99/month for the first 3 months.

Singapore economic contraction seen easing in first quarter, central bank on hold: Reuters poll

Singapore economic contraction seen easing in first quarter, central bank on hold: Reuters poll Reuters 2 hrs ago © Reuters/EDGAR SU FILE PHOTO: A view of the city skyline in Singapore SINGAPORE (Reuters) - Singapore s economy is expected to contract only slightly in the first quarter as activity continues to recover from a pandemic-induced shock, a Reuters poll showed, with the central bank expected to stay pat at its policy review next week. Gross domestic product (GDP) is expected to contract 0.2% in January-March from the same period a year earlier, according to the median forecast of 10 economists. The city-state s economy, which is highly reliant on global trade and financial services, had shrunk 2.4% year-on-year in the fourth quarter of 2020.

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