Singapore Prime Lending Rate  Forecast


Singapore Prime Lending Rate
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Bank Lending Rate in Singapore is expected to be 4.75 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Bank Lending Rate in Singapore to stand at 5.47 in 12 months time. In the long-term, the Singapore Prime Lending Rate is projected to trend around 3.25 percent in 2020, according to our econometric models.


Singapore Consumer Last Q4/17 Q1/18 Q2/18 Q3/18 2020
Retail Sales MoM 1.5 -1.1 -0.6 -0.6 0.46 -0.5
Retail Sales YoY -0.1 3.3 2.9 1.8 3.51 2.65
Consumer Spending 35321 35495 35100 35100 35806 35804
Private Sector Credit 572773 578874 586550 591085 593735 593662
Bank Lending Rate 5.28 4.75 4.75 4.5 5.47 3.25
Households Debt To Gdp 60.7 60.7 59.07 58.75 58.45 63
Gasoline Prices 1.62 1.51 1.4 1.37 1.37 1.36