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Singapore's full-year growth could be lower than forecast: MTI

Ministry cites S'pore's weak Q2 performance and strong headwinds in global economy

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The forecast stands at between 1.5 per cent and 2.5 per cent, and may be downgraded further.

PHOTO: ST FILE

Seow Bei Yi

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Singapore's full-year economic forecast could be cut again in view of the weak performance in the second quarter and strong headwinds in the global economy, the Ministry of Trade and Industry (MTI) has told The Sunday Times.
The forecast stands at between 1.5 per cent and 2.5 per cent, and may be downgraded further.
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