SINGAPORE (Reuters) - Economists have cut their economic forecasts and raised their inflation outlook for Singapore, a central bank survey released showed, in a further sign that the city-state is likely to face another year of sub-par growth and elevated inflation in 2013.
Economists now expect the Southeast Asian city-state's gross domestic product to grow by 1.5 percent this year, down almost a full percentage point from the median estimate of 2.4 percent in the previous poll, according to the Monetary Authority of Singapore's (MAS) latest quarterly Survey of Professional Forecasters. Full story
