Singapore Raises 2017 GDP Forecast

Singapore Raises 2017 GDP Forecast

Assessment

Interactive Video

Business

University

Hard

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The video discusses the strong GDP performance in the third quarter, surpassing estimates with significant growth in manufacturing and services. Singapore's economy, heavily reliant on global trade, benefits from regional growth in Southeast Asia. Despite positive economic indicators, inflation remains a concern, with expectations of a slight currency appreciation next year. The Central Bank emphasizes the need for forward-looking policies to manage potential inflationary pressures.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What factors are contributing to the strong growth in Southeast Asia as per the text?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What did the Central Bank chief Robbie man indicate about inflation in the future?

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