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

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

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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A version of this article appeared in the print edition of The Sunday Times on July 21, 2019, with the headline 'Full-year growth could be lower than forecast: MTI'. Print Edition | Subscribe