BMI: GDP Growth in the East Asia Time Zone May Slow Down in the Future, But 2026 Full-Year Forecast Raised to 4.0%
Show original
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
A welcome pack worth 6200 USDT for new users! Sign up now!
- Analysts at BMI, a subsidiary of Fitch Solutions, stated that Singapore’s GDP growth is expected to slow in the coming quarters. Higher energy costs may weigh on the economic activity of its major trade partners, and the outlook for non-electronic product exports has already weakened.
- If the disruption in Middle East supplies persists beyond BMI’s baseline scenario of mid-to-late June, oil prices may remain elevated, thereby dampening investment and household spending in Singapore.
- Nevertheless, BMI has revised Singapore’s 2026 GDP growth forecast up from 3.0% to 4.0%, as stronger-than-expected first quarter economic performance could offset the growth softness for the remainder of this year.
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!
You may also like
Grizzly Discoveries to Raise CA$2 Million in a Private Placement of Share Units
MT newswire•2026/09/15 13:50
e.l.f. Beauty Brand e.l.f. Cosmetics Launches in Brazil With Sephora
MT newswire•2026/09/15 13:49
TPG RE Finance Trust Prices $1 Billion Collateralized Loan Obligation
MT newswire•2026/09/15 13:49
TD SYNNEX, Hammerhead AI Launch Distribution Partnership for ORCA Software
MT newswire•2026/09/15 13:47
Crypto prices
MoreBitcoin
BTC
$76,157.8
-2.62%
Ethereum
ETH
$2,443.07
-2.45%
Tether USDt
USDT
$0.9995
+0.00%
BNB
BNB
$717.13
-0.46%
XRP
XRP
$1.4
+0.28%
USDC
USDC
$0.9998
+0.00%
Solana
SOL
$100.02
-1.51%
TRON
TRX
$0.3376
-0.95%
Hyperliquid
HYPE
$78.76
-2.09%
Zcash
ZEC
$1,131.23
-1.21%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now