Monetary Authority of Singapore out with the result of their latest survey of economists 15 June 2016
- core inflation forecast unchanged at +0.8%
- 2016 all-items CPI f/cast cutt to -0.4% from -0.2%
- 2016 GDP f/cast lowered to +1.8% vs +1.9% prev
- 2017 GDP lowerd to +2.1% vs +2.5% prev
One for our SGD traders out there. The central bank survey takes in the thoughts of 22 economists. The govt's own f/cast for 2016 GDP is 1-3%
USDSGD currently 1.3558