Singapore: 2025 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Singapore

International Monetary Fund

No 2025/192, IMF Staff Country Reports from International Monetary Fund

Abstract: Following an acceleration to 4.4 percent in 2024, growth is projected to sharply slow to 1.7 percent in 2025, in large part reflecting recent trade tensions and elevated global uncertainty. Inflation is projected to remain well below 2 percent in 2025, reflecting low tradable inflation and increasing slack in the economy. Reflecting appreciable uncertainty about the course of global growth, risks to growth are firmly tilted to the downside, largely stemming from potentially escalating global trade tensions and tightening global financial conditions. Net risks to inflation are also tilted to the downside, largely reflecting the downside growth risks, though there are also some upside risks to inflation, including from supply chain disruptions.

Pages: 80
Date: 2025-07-16
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.imf.org/external/pubs/cat/longres.aspx?sk=568643 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:imf:imfscr:2025/192

Ordering information: This working paper can be ordered from
http://www.imf.org/external/pubs/pubs/ord_info.htm

Access Statistics for this paper

More papers in IMF Staff Country Reports from International Monetary Fund International Monetary Fund, Washington, DC USA. Contact information at EDIRC.
Bibliographic data for series maintained by Akshay Modi ().