The Macau Metro Monitor, June 13, 2012
S'PORE ECONOMY MAY GROW 3% THIS YEAR: MAS SURVEY Channel News Asia
According to the latest Monetary Authority of Singapore (MAS) survey of 25 professional economists, the Singapore economy will grow 3% in 2012, up from 2.5% previously. Growth in the accommodation and food services sector was revised from 3.8% to 4.5%. The economists also upgraded 2Q GDP growth from 2.5% to 2.8%. S'pore inflation is expected at 4.2%, up from 3.5% in the previous survey.
