Fast Market Research

"Singapore Business Forecast Report Q2 2014" Published

New Country Reports market report from Business Monitor International: "Singapore Business Forecast Report Q2 2014"

 

Boston, MA -- (ReleaseWire) -- 03/31/2014 -- Singapore's ongoing restructuring drive continues, and the PAPled government is highly unlikely to abandon its path even amid an increasingly tight labour market. While this will have an economic impact over the near to medium term, we note that electoral factors have become progressively more important in the government's policy-making process.

Despite a slowdown in Q413, the Singaporean economy picked up pace in 2013, achieving a real expansion of 3.7% (according to initial government estimates) versus 1.3% in 2012. While we continue to believe that Singapore will chalk up solid real GDP growth of 3.2% in 2014, we note that Singapore does bear risks to a slowing Chinese economy as well as a potential credit retrenchment following a period of extremely strong lending. That said, we stress that Singapore's economy remains on a solid footing overall, and our long-term outlook remains sanguine.

View Full Report Details and Table of Contents

Major Forecast Changes

Despite the fact that headline inflation ended 2013 on a weak note, coming in at 1.5% y-o-y in December, we expect rising wage pressures as well as weak base effects within the transportation sub-index to push headline inflation higher as 2014 develops. As a result, we have upgraded our 2014 average inflation forecast to 2.8%, from 2.5% previously.

About Fast Market Research
Fast Market Research is a leading distributor of market research and business information. Representing the world's top research publishers and analysts, we provide quick and easy access to the best competitive intelligence available. Our unbiased, expert staff is always available to help you find the right research to fit your requirements and your budget. For more information about these or related research reports, please visit our website at http://www.fastmr.com or call us at 1.800.844.8156.

Browse all Country Reports research reports at Fast Market Research

You may also be interested in these related reports:

- Chile Business Forecast Report Q2 2014
- Brazil Business Forecast Report Q2 2014
- Hungary Business Forecast Report Q2 2014
- Croatia Business Forecast Report Q2 2014
- Trinidad & Tobago Business Forecast Report Q2 2014
- Canada Business Forecast Report Q2 2014
- Russia Business Forecast Report Q2 2014
- Albania Business Forecast Report Q2 2014
- Lithuania Business Forecast Report Q2 2014
- United States Business Forecast Report Q2 2014