Advance estimates of 4Q growth was at 6%, which was lower than expected and was also the 1st Qtr-to-Qtr drop since 2003. This put the overall GDP at 7.5% (2006: 7.9%), at the lower end of official forecast of 7.5% - 8%.
Economists' forecast for 2008:
1Q08: 5% - 7.9%
2008: 5% - 7.3%
Polled fr HSBC, Std Chart, DBS, OCBC, UOB and Action Economics.
* MTI-GDP , CNA-GDP *
Thursday, January 3, 2008
Estimated 4Q07 Growth at 6%
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment