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Bigger Pic: Singapore growth slows as global risks and inflation pressures build
Published 5 months, 2 weeks ago
Description
Singapore’s economy expanded 4.6% in Q1 2026, missing expectations and slipping into a slight quarterly contraction. Manufacturing led the pullback while services lost momentum, even as construction held up. With energy prices rising amid global tensions, the central bank has tightened policy for the first time since 2022 to contain inflation, signaling a more cautious outlook ahead. Barnabas Gan, Group Chief Economist & Head, Market Research, RHB Bank shares how optimistic he is for the coming quarters.
Produced/Presented: Ryan Huang
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