WS News
14 Apr 2026, 05:09
Singapore’s Q1 GDP data signals a clear slowdown with downside surprises on both annual and quarterly metrics.
On a yearly basis, GDP grew 4.6%, missing expectations of 5.4% and slowing from the previous 6.9%. This indicates that while the economy is still expanding, the pace of growth is decelerating significantly.
More notably, on a quarterly basis, GDP contracted by -1.3%, a sharp miss versus the expected -0.5% and a reversal from the previous 2.1% growth.
On a yearly basis, GDP grew 4.6%, missing expectations of 5.4% and slowing from the previous 6.9%. This indicates that while the economy is still expanding, the pace of growth is decelerating significantly.
More notably, on a quarterly basis, GDP contracted by -1.3%, a sharp miss versus the expected -0.5% and a reversal from the previous 2.1% growth.
