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Global Macro-Market Outlook

Singapore: 2011 Outlook

Global Economics Outlook, GDP and CPI data for Singapore

  • Exports and manufacturing will slow early in 2011 but recover toward the end of Q2, while the services sector continues catering to domestic and regional demand. 
  • Barring a severe external shock, Singapore is poised to benefit from more capital flows and trade in services. Financial intermediation, business services and tourism-related hospitality will be big drivers of services-sector growth in 2011.
  • While the government pushes for long-term productivity growth, the monetary authority will stay vigilant in its fight to keep inflation in check over the next year.

Growth Dynamics:[...]

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