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Economists raise 2017 Singapore growth forecast - MAS survey

Reuters  |  SINGAPORE 

SINGAPORE (Reuters) - Economists raised their forecasts for Singapore's growth this year, compared to three months ago, as they upgraded their views on manufacturing and bank lending, a central bank survey showed on Wednesday. The median forecast of 21 economists surveyed by the Monetary Authority of Singapore (MAS) was for gross domestic product (GDP) to grow 2.5 percent in 2017, up from the 2.3 percent estimated in the previous survey, published in March. That would mark a pick-up from 2.0 percent growth in 2016, and would be at the upper end of the government's forecast range. The ...

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First Published: Wed, June 14 2017. 09:36 IST