Markets Actual Q3/26 Q4/26 Q1/27 Q2/27
Stock Market (points) 5688.96 5645 5486 5387 5290
Currency 1.27 1.27 1.26 1.26 1.25
Government Bond 10Y (%) 2.35 2.33 2.25 2.2 2.15

Overview Actual Q3/26 Q4/26 Q1/27 Q2/27
GDP Growth Rate (%) 1.40 0.7 0.5 0.6 0.5
GDP Annual Growth Rate (%) 5.90 4.8 4.5 2.9 2.7
Unemployment Rate (%) 2.00 2 1.9 1.9 1.9
Inflation Rate (%) 1.90 2.3 2.4 1.8 1.9
Inflation Rate MoM (%) 0.00 0.2 0.5 0.2 0.1
Interest Rate (%) 1.39 1.2 1.5 1.5 1.5
Balance of Trade (SGD Million) 10724.69 8500 -500 7500 13500
Current Account (SGD Million) 37077.40 39500 37000 37000 37000
Business Confidence (points) 12.00 14 10 12 13
Manufacturing PMI (points) 51.40 51.5 50.6 50.6 50.6
Retail Sales MoM (%) 1.00 0.4 0.4 0.3 0.8
Current Account to GDP (% of GDP) 16.70 17.1
Government Debt to GDP (% of GDP) 171.30 178
Government Budget (% of GDP) 1.90 1

GDP Actual Q3/26 Q4/26 Q1/27 Q2/27
GDP Growth Rate (%) 1.40 0.7 0.5 0.6 0.5
GDP Annual Growth Rate (%) 5.90 4.8 4.5 2.9 2.7
GDP Constant Prices (SGD Million) 155942.70 157176 158740 158246 160153
Gross Fixed Capital Formation (SGD Million) 38403.60 38047 39228 39669 39440
GDP from Services (SGD Million) 100486.60 101563 102329 102873 103200
GDP from Manufacturing (SGD Million) 34134.70 33165 34547 33051 35056
GDP from Construction (SGD Million) 5938.90 5933 5925 6267 6099
GDP from Transport (SGD Million) 9142.30 9314 9230 9234 9389
GDP from Utilities (SGD Million) 1613.60 1696 1704 1678 1657
GDP (USD Billion) 603.87 626
Gross National Product (SGD Million) 789529.20 825058
GDP per Capita (USD) 70683.68 73228
GDP per Capita PPP (USD) 139592.61 144618
Full Year GDP Growth (%) 5.00 3.6

Labour Actual Q3/26 Q4/26 Q1/27 Q2/27
Unemployment Rate (%) 2.00 2 1.9 1.9 1.9
Wages (SGD/Month) 6593.00 6600 6650 6700 6750
Population (Million) 6.11 6.17

Prices Actual Q3/26 Q4/26 Q1/27 Q2/27
Inflation Rate (%) 1.90 2.3 2.4 1.8 1.9
Inflation Rate MoM (%) 0.00 0.2 0.5 0.2 0.1
Consumer Price Index CPI (points) 102.86 104 104 104 105
Core Consumer Prices (points) 102.17 102 104 103 103
Core Inflation Rate (%) 1.60 1.7 1.9 0.9 1
GDP Deflator (points) 139.40 135 139 137 142
Producer Prices (points) 127.49 123 117 124 126
Export Prices (points) 101.65 98.8 93.71 100 105
Import Prices (points) 103.46 107 98 102 101
Food Inflation (%) 2.10 3 2.9 2.6 2.5
Import Prices YoY (%) 13.60 16 7.1 -5.7 -2.5
Export Prices YoY (%) 12.70 10 4.4 -1 3
Producer Prices Change (%) 30.30 25 19 -4 -1
CPI Transportation (points) 109.20 109 110 110 110
CPI Housing Utilities (points) 101.70 104 104 103 104

Money Actual Q3/26 Q4/26 Q1/27 Q2/27
Interest Rate (%) 1.39 1.2 1.5 1.5 1.5
Money Supply M2 (SGD Million) 892401.40 899000 912000 912000 912000
Foreign Exchange Reserves (SGD Million) 549303.00 554000 557000 562000 578000
Loans to Private Sector (SGD Million) 931375.60 905221 925985 928433 956523

Trade Actual Q3/26 Q4/26 Q1/27 Q2/27
Balance of Trade (SGD Million) 10724.69 8500 -500 7500 13500
Current Account (SGD Million) 37077.40 39500 37000 37000 37000
Imports (SGD Million) 75281.14 80500 75500 72500 70500
Exports (SGD Million) 86005.83 89000 75000 80000 84000
Exports of Non-oil Domestic Exports Of (%) -0.30 5.2 4 2 2
Domestic Exports of Non Oil (nodx) (%yoy) (%) 24.20 41.9 33 15 3
Current Account to GDP (% of GDP) 16.70 17.1

Business Actual Q3/26 Q4/26 Q1/27 Q2/27
Business Confidence (points) 12.00 14 10 12 13
Manufacturing PMI (points) 51.40 51.5 50.6 50.6 50.6
Industrial Production Mom (%) -7.20 2 1.9 2.5 2.5
Industrial Production (%) 7.20 12.5 14 8 5
Composite PMI (points) 59.20 56.4 52.4 53 51

Consumer Actual Q3/26 Q4/26 Q1/27 Q2/27
Retail Sales MoM (%) 1.00 0.4 0.4 0.3 0.8
Retail Sales YoY (%) 4.00 2.2 2 2.5 3
Consumer Spending (SGD Million) 54461.40 55754 56260 55423 55932
Gasoline Prices (USD/Liter) 3.34 3.41 2.84 2.84 2.9

Housing Actual Q3/26 Q4/26 Q1/27 Q2/27
Housing Index (points) 219.40 225 231 231 234
House Price Index MoM (%) 0.50 0.3 0.7 0.1 0.2

Government Actual Q3/26 Q4/26 Q1/27 Q2/27
Government Debt to GDP (% of GDP) 171.30 178
Government Budget (% of GDP) 1.90 1