Singapore's 2018 Growth Forecast Gets an Upgrade in MAS Survey

Photographer: Ore Huiying/Bloomberg
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Singapore economy watchers see stronger growth and fewer exports amid rising trade protectionism worries, compared with their views in December, according to a Monetary Authority of Singapore survey.

Growth will stay solid at 3.2 percent in 2018 after 3.6 percent last year, according to the poll’s median. That’s higher than the 3 percent median forecast in the December survey. At the same time, the share of respondents who cited trade protectionism as a downside risk more than doubled to 88 percent from 40 percent.