Singapore avoids Q1 contraction, but strong pick-up unlikely

Today’s revised GDP data showed that Singapore's economy expanded in Q1, despite an advanced estimate released in mid-April pointing toward contraction. Nevertheless, weak export growth continues to weigh on the trade-dependent economy. Lacklustre global demand is likely to prevent a strong recovery during the rest of the year.

Subscriber content

Read this in full, free

Start a free trial and use one of your 10 free starter credits to unlock this piece.


Free. 10 articles. No card required.
By completing this form you are agreeing to our Terms and Conditions for the provision of a free trial of Capital Economics' services. We take your privacy seriously and will not share your details with others without your consent. By providing your details, including your email address, you are consenting to Capital Economics sending you macroeconomic commentary and analysis. You can unsubscribe at any time. See our Privacy Policy for more information.

Already a client or trialist? Log in to read this.