In this photo, Marina Bay guests resorts and garden sanatoriums and garden are shown in Singapore on June 27, 2025 in Singapore, Singapore.
Roslan Rahman | AFP | Getty images
In the second quarter of the year, the Singapore’s economy increased by 4.3% over the year, from 4.1% to the first quarter and defeated expectations.
Advanced evaluation Reuters survey was higher than 3.5%.
Quarterly, in a quarterly environment, Singapore increased by 1.4%, increased by more than 0.5% of the overheads in the last quarter.
GDP growth was led by the manufacturing sector, which is 5.5% compared to year, from 5.5% to 4.4% in the first quarter of 2025. The sector makes up 17% of the country’s economy.
Singapore, regardless of GDP Ministry of Trade and Industry under its release “If we look forward to the lack of accuracy in tariff policy, in the second half of 2025 there is no significant uncertainty and decline in the world economy.”
Unlike another ASEAN, which hit the “tariff letters”, Singapore did not receive such a “letter” from US President of Singapore US President Donald Trump.
However, the country still manages 10% of the United States and even manages trade deficit with the United States and has a free trade agreement since 2004.
The issue of GDP has been a solution of monetary policy of the Central Bank of the country in July.
Singapore’s monetary body in oil Release the monetary policy for the second line Time, “There are risks associated with the economic forecasts of Singapore rather than expected from the episodes of the financial market volatility and the final demand.
Also, the sudden or steady weakening of global trade warns that Singapore has a significant impact on trade and in turn to a wide economy.
However, the country supports reduced inflation.
The thematic inflation of Singapore decreased by 0.8% to the minimum in May, which has fallen to the lowest in February 2021, which is 0.6% in May, except for housing and private transport, which is 0.6% compared to 0.6%.
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