Singapore's economy expanded by 5% year over year during the fourth quarter of 2024, surpassing a median forecast of 3.1%, according to data release by the Monetary Authority of Singapore on Wednesday.
Respondents project the economy to grow by 3.8% during the first quarter of the current year.
Meanwhile, respondents have forecasted a GDP growth of 2.6%, while median forecast of GDP growth for 2026 is 2.3%.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.