Breaking News

Singapore Gross Domestic Product (GDP) YoY

Latest Release

Aug 11, 2023

Actual

0.5%

Forecast

0.7%

0.4%

Gross Domestic Product (GDP) measures the annualized change in the inflation-adjusted value of all goods and services produced by the economy. It is the broadest measure of economic activity and the primary indicator of the economy's health.

A higher than expected reading should be taken as positive/bullish for the SGD, while a lower than expected reading should be taken as negative/bearish for the SGD.

Importance:

Country:

Currency: SGD

Source: Statistics Singapore

Release Date	Time	Actual	Forecast	Previous
Aug 10, 2023	20:00	0.5%	0.7%	0.4%
Jul 13, 2023 (Q2)	20:00	0.7%	0.6%	0.4%
May 24, 2023 (Q1)	20:00	0.4%	0.1%	2.1%
Apr 13, 2023 (Q1)	20:00	0.1%	0.6%	2.1%
Feb 12, 2023 (Q4)	20:00	2.1%	2.3%	4.0%
Jan 02, 2023 (Q4)	20:00	2.2%	2.1%	4.2%

News

Singapore Q2 GDP revised lower as 2023 outlook dims By Investing.com - Aug 10, 2023

Investing.com -- Singapore’s economy grew less than initially expected in the second quarter, official data showed on Friday, with the government also positing a weaker outlook for 2023 as a...

Asia FX rises, dollar index slides below 100 on waning rate hike bets By Investing.com - Jul 14, 2023 1

Investing.com -- Most Asian currencies rose on Friday, while the dollar hit a 15-month low against a basket of currencies as weak U.S. inflation readings saw investors pricing in fewer interest rate...

Singapore’s economy grows slightly more than expected in Q2 By Investing.com - Jul 13, 2023

Investing.com -- Singapore’s economy grew slightly more than expected in the second quarter, data showed on Friday, as resilience in construction activity and the service industry helped offset...

Analysis

U.S. Dollar Softens While Consolidating Yesterday's Drop By Marc Chandler - Aug 11, 2022

Overview The US dollar is consolidating yesterday’s losses but is still trading with a heavier bias against the major currencies and most emerging market currencies. The US 10-year yield is soft below...

Asia Session: RBNZ's "Least Worst Choices;" Equities Mixed; Oil, Gold Rise By Jeffrey Halley - May 25, 2022

The Reserve Bank of New Zealand raised policy rates by 0.50% to 2.0% this morning, with Governor Orr setting a hawkish tone in the press conference afterwards. In the statement itself, the...

Asia Session: Omicron Relief Rally Gathers Steam But Regional Indices Mixed By Jeffrey Halley - Jan 04, 2022

You would be hard pushed to find a reason not to be in a jubilant mood as an investor as financial markets dished out a happy new year yesterday, the first trading day of the 2022. I spent it on a...

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