World Economic outlook - singapore economic growth outlook 2012 ; Singapore 2012 GDP growth to be at 5.5 per cent, while CPI inflation is expected to come in at 2.5 per cent.
Economists have upgraded their outlook for Singapore’s economic growth to 6.2 per cent for the full-year 2011. This is an upgrade from the 5.7 per cent forecast in the previous poll of economists by the Monetary Authority of Singapore, released in March.
Private sector economists have downgraded their forecast for construction which experts said could be on the back of tightening measures aimed at the property market, and wholesale and retail trade.
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