Markets Actual Q1/26 Q2/26 Q3/26 Q4/26
Stock Market (points) 4842.27 4821 4619 4512 4406
Currency 1.28 1.28 1.27 1.27 1.26
Government Bond 10Y (%) 2.10 2.09 2.01 1.97 1.93

Overview Actual Q1/26 Q2/26 Q3/26 Q4/26
GDP Growth Rate (%) 2.10 0.1 0.3 0.3 0.5
GDP Annual Growth Rate (%) 6.90 5.4 3.6 2.8 4
Unemployment Rate (%) 2.00 2 2.1 2 1.9
Inflation Rate (%) 1.40 1.3 1.6 1.9 1.5
Inflation Rate MoM (%) -0.50 0.2 0.1 0.2 0.5
Interest Rate (%) 0.89 1 1 1.5 1
Balance of Trade (SGD Million) 12534.00 9500 4000 6500 3500
Current Account (SGD Million) 40236.00 36000 36500 36500 37000
Business Confidence (points) 11.00 10 12 7 9
Manufacturing PMI (points) 50.60 50.6 50.4 51 50.6
Retail Sales MoM (%) 6.10 0.2 -0.4 0.4 0.4
Current Account to GDP (% of GDP) 16.70 17.1
Government Debt to GDP (% of GDP) 173.10 176
Government Budget (% of GDP) 1.90 1

GDP Actual Q1/26 Q2/26 Q3/26 Q4/26
GDP Growth Rate (%) 2.10 0.1 0.3 0.3 0.5
GDP Annual Growth Rate (%) 6.90 5.4 3.6 2.8 4
GDP Constant Prices (SGD Million) 153309.90 151590 151575 154362 159442
Gross Fixed Capital Formation (SGD Million) 38436.30 36190 36107 37913 39974
GDP from Services (SGD Million) 22538.40 21973 22243 22478 23440
GDP from Manufacturing (SGD Million) 34592.90 30527 30243 32800 35977
GDP from Utilities (SGD Million) 1630.20 1684 1662 1663 1695
GDP from Transport (SGD Million) 8832.60 9328 9188 9136 9186
GDP from Construction (SGD Million) 5669.80 5661 5832 5819 5897
GDP (USD Billion) 547.39 567
Gross National Product (SGD Million) 731436.10 760694
GDP per Capita (USD) 67706.83 70144
GDP per Capita PPP (USD) 132569.53 137342
Full Year GDP Growth (%) 5.00 3.6

Labour Actual Q1/26 Q2/26 Q3/26 Q4/26
Unemployment Rate (%) 2.00 2 2.1 2 1.9
Wages (SGD/Month) 6442.00 6580 6620 6650 6750
Population (Million) 6.11 6.06

Prices Actual Q1/26 Q2/26 Q3/26 Q4/26
Inflation Rate (%) 1.40 1.3 1.6 1.9 1.5
Inflation Rate MoM (%) -0.50 0.2 0.1 0.2 0.5
Consumer Price Index CPI (points) 101.30 102 103 103 103
Core Consumer Prices (points) 101.47 101 102 103 104
Core Inflation Rate (%) 1.00 1.1 1.3 1.8 1.9
GDP Deflator (points) 135.60 135 134 134 138
Producer Prices (points) 98.16 99.98 99.2 99.98 100
Export Prices (points) 89.21 91.36 91.75 91.08 89.49
Import Prices (points) 91.80 93.02 92.87 93.97 93.43
Food Inflation (%) 1.20 2 1.6 3 2.2
Export Prices YoY (%) -6.20 -2 1.7 1.4 1.4
Import Prices YoY (%) -3.70 0.3 2 2 2.1
Producer Prices Change (%) -3.30 -1.8 1.4 1.9 2
CPI Transportation (points) 104.70 105 105 105 106
CPI Housing Utilities (points) 100.10 103 103 103 103

Money Actual Q1/26 Q2/26 Q3/26 Q4/26
Interest Rate (%) 0.89 1 1 1.5 1
Money Supply M2 (SGD Million) 876239.00 870000 899000 899000 912000
Foreign Exchange Reserves (SGD Million) 526200.00 508000 512000 5124000 517000
Loans to Private Sector (SGD Million) 887505.30 892215 884056 887946 921554

Trade Actual Q1/26 Q2/26 Q3/26 Q4/26
Balance of Trade (SGD Million) 12534.00 9500 4000 6500 3500
Current Account (SGD Million) 40236.00 36000 36500 36500 37000
Imports (SGD Million) 62804.82 52500 52000 52500 60500
Exports (SGD Million) 75338.95 62000 56000 59000 64000
Domestic Exports of Non Oil (nodx) (%yoy) (%) 9.30 -3.9 1.5 1.9 3
Exports of Non-oil Domestic Exports Of (%) 0.70 0.5 2.1 2.2 2
Current Account to GDP (% of GDP) 16.70 17.1

Business Actual Q1/26 Q2/26 Q3/26 Q4/26
Business Confidence (points) 11.00 10 12 7 9
Manufacturing PMI (points) 50.60 50.6 50.4 51 50.6
Industrial Production Mom (%) 5.30 1.9 1.9 2 1.9
Industrial Production (%) 16.60 2.6 -0.5 1.5 4
Composite PMI (points) 56.80 55 51.5 51.4 51.4

Consumer Actual Q1/26 Q2/26 Q3/26 Q4/26
Retail Sales MoM (%) 6.10 0.2 -0.4 0.4 0.4
Retail Sales YoY (%) -0.40 2.3 1.8 2.2 2
Consumer Spending (SGD Million) 55262.20 54578 54382 53721 57473
Gasoline Prices (USD/Liter) 2.84 2.86 3.01 3.09 3.18

Housing Actual Q1/26 Q2/26 Q3/26 Q4/26
Housing Index (points) 216.40 218 221 225 231
House Price Index MoM (%) 0.60 0.2 0.4 0.3 0.7

Government Actual Q1/26 Q2/26 Q3/26 Q4/26
Government Debt to GDP (% of GDP) 173.10 176
Government Budget (% of GDP) 1.90 1