Friday, May 23, 2008

2008 GDP Forecast 4% - 6%

1Q08:
Yr-on-Yr: 6.7% (LastQ: 5.4%)
Qtr-on-Qtr: 14.6% (LastQ: -4.8%)

"Export-oriented and sentiment-sensitive sectors will be hit more, while domestic-oriented sectors will perform better."

"MTI and MAS have revised the forecast for CPI inflation for 2008 from 4.5-5.5% to 5.0-6.0%."

* SingStat-GDP *

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