20 Mar '14, 7am

Economists foresee slightly slower growth - Property Auctions News, Property Investment

Singapore’s GDP is forecasted to grow 3.8 percent in 2014, according to economists in a quarterly Monetary Authority of Singapore (MAS) survey. This is an adjustment from the 3.9 percent growth predicted in the previous survey released in December. The government’s 2014 forecast for Singapore’s GDP is between two to four percent. The survey revealed that GDP was likely to grow by 5.3 percent in Q1 2014 alone. The previous projection was 5.5 percent. There was no change in predictions for the Consumer Price Index (CPI), which is slated to rise 2.8 percent year-on-year in 2014.

Full article: http://www.propertyguru.com.sg/property-management-news/2...

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