From Yahoo Finance: 2025-06-18 00:02:00

Economists in Singapore have lowered growth forecasts to 1.7% from 2.6% due to geopolitical tensions and U.S. tariffs impacting the economy. Three in five expect further easing of monetary policy next month. Inflation forecasts have also been revised down to 0.9% for headline inflation and 0.8% for core inflation in 2025.

The Monetary Authority of Singapore’s survey of 20 economists found that milder trade tensions could be an upside risk for the economy. The government’s forecast for 2025 growth is now at 0% to 2%, prompting expectations of further policy easing. Core inflation rate in March was at a low of 0.5%.

The MAS has already loosened monetary policy twice this year, with expectations for more easing to come. The survey was conducted in June, following the release of first-quarter GDP data. Analysts are closely monitoring global economic developments and trade tensions for their impact on Singapore’s economy.



Read more at Yahoo Finance: Singapore MAS survey shows economists cut GDP, inflation forecasts and see more easing