SINGAPORE ECONOMIC DATA

Consumer prices rise 0.6%, below economist expectations

Inflation inched up last month on the back of higher water tariffs and pricier retail items like clothing and household goods.

Singapore retail sales up stronger 1.9% in June

SINGAPORE - Retail sales in Singapore rose a stronger-than-expected 1.9 per cent in June from a year ago, despite a 5.6 per cent drop in auto sales, as most other categories enjoyed growth.

Job market still weak despite stronger economic growth

SINGAPORE - Singapore has been reporting more cheerful economic growth numbers this year but this pick-up is not translating into a stronger labour market.

Non-oil domestic exports slow sharply to 2.7% growth in Q2 but full-year forecast also narrowed upwards

SINGAPORE - Non-oil domestic exports (NODX) grew 2.7 per cent in the second quarter, coming off the 15.3 per cent expansion in the previous quarter, with increased shipments of electronic products...

Singapore economy grows better-than-expected 2.9% in Q2; Govt narrows up full year forecast to 2-3%

SINGAPORE - The Ministry of Trade and Industry (MTI) on Friday (Aug 11) narrowed up its forecast for economic growth this year to 2 to 3 per cent, from an earlier estimate of 1 to 3 per cent.

Prompt payments by SMEs fall to 2-year lows as firms hold on to cash

SINGAPORE - The percentage of debt held by SMEs that was paid on time fell to 37 per cent in the second quarter of 2017, the lowest in two years, according to credit information company DP...

Singapore retail sales up 0.9% in May

SINGAPORE - A surge in takings at petrol pump stations lifted retail sales in May, though a broad fall in sales by food retailers and other consumer goods sellers has left shops and restaurants...

Firms here quicker to pay their bills with slow payments dropping to a one-year low in Q2

SINGAPORE - Firms have been quicker to settle their bills, with slow payments hitting a new one-year low in the second quarter of this year, the Singapore Commercial Credit Bureau said on Monday )...

Hazy outlook for Singapore economy in second half of 2017

The global economic outlook has brightened this year, but Singapore's prospects in the second half of 2017 are still far from certain.