MAS survey shows optimism about economy


A survey, published by the Monetary Authority of Singapore today (June 13), gives an optimistic forecast of economic conditions in Singapore. The survey was sent out to "economists and analysts who closely monitor the Singapore economy" in May.

Growth in the first quarter was found to be 1.5%, significantly exceeding the median forecast of 0.1% given in the March survey. Respondents' latest growth forecast for 2012 is 3.0%, an increase of 0.5% on the previous survey. For 2013, the estimate was 4

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