Economists keep growth forecast at 3.2%

Private-sector economists surveyed expect the country's economy to grow by 3.2 per cent.
Private-sector economists surveyed expect the country's economy to grow by 3.2 per cent. PHOTO: ST FILE

Private-sector economists surveyed by the Monetary Authority of Sin-gapore (MAS) expect the country's economy to grow by 3.2 per cent this year, holding steady their predictions from two earlier surveys.

The estimate, released yesterday, is within the Government's unch-anged forecast range of 2.5 per cent to 3.5 per cent growth.

The MAS survey showed that respondents expect a greater divide between trade-dependent sectors and those that rely on local demand.

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A version of this article appeared in the print edition of The Straits Times on September 06, 2018, with the headline 'Economists keep growth forecast at 3.2%'. Print Edition | Subscribe