Singapore to release detailed Q4 and 2015 GDP data on Feb 24

MTI will release its economic data for 2015 next Wednesday (Feb 24).
MTI will release its economic data for 2015 next Wednesday (Feb 24). PHOTO: AFP

SINGAPORE - The Ministry of Trade and Industry will release the Economic Survey of Singapore 2015 next Wednesday (Feb 24) at 8am.

It will lay out the overall performance of the Singapore economy in the fourth quarter of 2015 and the full-year. There will also be detailed breakdowns by sector, sources of growth, inflation, employment and productivity during the fourth quarter and whole of 2015.

Economists say the Government may downgrade its advance estimate for fourth-quarter gross domestic product (GDP) given the disappointing manufacturing and exports data that has come out since.

According to advance estimates in early January, the economy grew 2 per cent in the October-December quarter compared to the same period a year ago.

That put economic growth for the whole of 2015 at 2.1 per cent, the slowest pace in six years.