Singapore's GDP growth to moderate next year after 2021 rebound

Reuters2021-11-24

SINGAPORE, Nov 24 (Reuters) - Singapore's economy is expected to grow about 7% in 2021, at the top of the official forecast range, and will expand at a slower pace next year as an uneven recovery ...

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robot1234
2021-11-24
robot1234
The Ministry of Trade and Industry (MTI) forecast the economy to grow 3% to 5% next year. A very uninspiring growth rate despite a series of pro-businesses Covid support packages costing over 100 billion
Chibichibi
2021-11-24
Chibichibi
Like pls
- Pluto891:
  like wats?

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At least five economists expect the Monetary Authority of Singapore (MAS) to act again at its next policy meeting in April.\nThe MAS will carefully watch inflation dynamics and stay vigilant on price developments when it decides its next policy move, expected in April, Edward Robinson, its deputy managing director, told a media briefing.\nSingapore kept its forecast for headline inflation to come in at about 2% this year, and average 1.5-2.5% in 2022.\nData this week showed Singapore's key price gauge rose by the fastest pace in nearly three years in October, mainly driven by higher services and food inflation, while headline inflation rose at the fastest pace since March 2013.\n\"If we continue to see the inflation overshoot past the first quarter of next year, and if all these supply chain disruptions don’t ease, the question is then potentially how aggressive (the tightening) may be,\" said Selena Ling, head of treasury research and strategy at OCBC, adding that she sees a \"very high probability\" for tightening in April.\nThe economy shrank a record 5.4% due to the COVID-19 pandemic in 2020.","kind":null,"is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":874150698,"gmtCreate":1637746707939,"gmtModify":1637746707939,"author":{"id":"3561596430587504","authorId":"3561596430587504","authorIdStr":"3561596430587504","name":"robot1234","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":6,"crmLevelSwitch":0,"idStr":"3561596430587504"},"htmlText":"The Ministry of Trade and Industry (MTI) forecast the economy to grow 3% to 5% next year. A very uninspiring growth&nbsp;rate despite a series of pro-businesses&nbsp;Covid support packages &nbsp;costing over 100 billion","listText":"The Ministry of Trade and Industry (MTI) forecast the economy to grow 3% to 5% next year. A very uninspiring growth&nbsp;rate despite a series of pro-businesses&nbsp;Covid support packages &nbsp;costing over 100 billion","text":"The Ministry of Trade and Industry (MTI) forecast the economy to grow 3% to 5% next year. A very uninspiring growth rate despite a series of pro-businesses Covid support packages costing over 100 billion","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/874150698","repostId":1158801336,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":874109351,"gmtCreate":1637736917491,"gmtModify":1637736917545,"author":{"id":"3582020670131796","authorId":"3582020670131796","authorIdStr":"3582020670131796","name":"Chibichibi","avatar":"https://static.tigerbbs.com/671a41a5ed2aa68a8f1cfd3e8d82402a","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3582020670131796"},"htmlText":"Like pls","listText":"Like pls","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/874109351","repostId":1158801336,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":6704860,"gmtCreate":1637739275778,"gmtModify":1637739275812,"authorId":3581937910767045,"author":{"id":3581937910767045,"authorId":3581937910767045,"name":"Pluto891","avatar":"https://static.tigerbbs.com/c9963f2ef3d3ad2aff28340461d3d6d0","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":874109351,"type":1,"supId":0,"prevId":0,"content":"like wats?","text":"like wats?","html":"like wats?"}],"langContent":"CN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":16,"commentSize":2,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":false,"deviceId":"web-server-community-laohu8-v3","version":"4.28.1","shortVersion":"4.28.1","platform":"web","vendor":"web","appName":"laohu8","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1158801336"}