Singapore economy to slow further in 2023 amid global challenges: MAS | Video
02:39 Min
The Singapore economy is projected to slow further at a “below-trend pace” in 2023 amid growing challenges in the external environment, said the Monetary Authority of Singapore on Thursday (Oct 27). With that, overall labour demand “should soften somewhat” alongside a moderation in wage growth, the central bank added in its latest half-yearly macroeconomic review.
27 Oct 2022 11:11pm
The Singapore economy is projected to slow further at a “below-trend pace” in 2023 amid growing challenges in the external environment, said the Monetary Authority of Singapore on Thursday (Oct 27). With that, overall labour demand “should soften somewhat” alongside a moderation in wage growth, the central bank added in its latest half-yearly macroeconomic review.
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