Singapore narrows 2022 GDP growth forecast to 3-4% amid further deterioration in global economic outlook - CNA

SINGAPORE: Singapore has trimmed its growth forecast for 2022, as the global economic environment weakens further amid challenges such as inflation and persistent supply chain disruptions. The Ministry of Trade and Industry (MTI) said on Thursday (Aug 11) tha…

MTIs report on Thursday also showed that the economy expanded 4.4 per cent on a year-on-year basis in the second quarter, slower than the Governments advance estimate of 4.8 per cent but faster than … [+4229 chars]

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