Singapore Leading Economic Index2022 Data - 2023 Forecast - 1978-2021 Historical

Name: Singapore Leading Economic Index
Creator: TRADING ECONOMICS
License: https://creativecommons.org/licenses/by/4.0/
Keywords: Singapore,Leading Economic Index,data,chart,actual,historical,values,calendar,forecast,graph,2021,2022,2023

Leading Economic Index Singapore increased to 112.70 in June of 2022 over the same month in the previous year. source: Statistics Singapore

Leading Economic Index in Singapore averaged 69.34 points from 1978 until 2022, reaching an all time high of 112.90 points in the fourth quarter of 2021 and a record low of 23.70 points in the first quarter of 1978. This page provides - Singapore Leading Composite Index - actual values, historical data, forecast, chart, statistics, economic calendar and news. Singapore Leading Economic Index - values, historical data and charts - was last updated on August of 2022.

Leading Economic Index in Singapore is expected to be 110.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Singapore Leading Economic Index is projected to trend around 115.00 points in 2023, according to our econometric models.

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Related	Last	Previous	Unit	Reference
Business Confidence	-8.00	8.00	points	Jun 2022
Changes in Inventories	1039.80	1184.60	SGD Million	Jun 2022
Bankruptcies	96.00	90.00	Companies	May 2022
Leading Economic Index	112.70	112.30	points	Jun 2022
Services Sentiment	15.00	15.00		Jun 2022

Singapore Leading Economic Index

In Singapore, the Composite Leading Index is a predictive tool to anticipate upturns and downturns in the economy and approximately when, an expansion or recession will take place. It is an aggregation of nine economic indicators: total new companies formed, money supply (M2), stock exchange of Singapore indices, business expectations for wholesale trade, business expectations for stock of finished goods (manufacturing), US Purchasing Managers’ Index (manufacturing), total non-oil Seaborne Cargo Handled, domestic liquidity indicator, total non-oil retained imports. The index has a base value of 100 as of 2005.