Singapore's economy grew 2.9% in Q3 2025; MAS to keep monetary policy unchanged
Singapore's economy grew at a slower pace of 2.9% in the third quarter, compared to 4.5% in the previous three months. But the Monetary Authority of Singapore said growth rose a stronger-than-expected 3.9% on average in the first three quarters, even as global trade tensions and US tariffs pose risks ahead. With core inflation set to cool to the lowest in years, coming in at around 0.5% for all of 2025, the central bank said it will not touch its Singapore dollar policy so as to keep prices stable. Nasyrah Rohim reports.
Singapore's economy grew at a slower pace of 2.9% in the third quarter, compared to 4.5% in the previous three months. But the Monetary Authority of Singapore said growth rose a stronger-than-expected 3.9% on average in the first three quarters, even as global trade tensions and US tariffs pose risks ahead. With core inflation set to cool to the lowest in years, coming in at around 0.5% for all of 2025, the central bank said it will not touch its Singapore dollar policy so as to keep prices stable. Nasyrah Rohim reports.
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