downside risks
upside risks
forecasts
MAS policy
inflation & growth
100

economists cited this as the top downside risk

what are higher tariffs?

100

The most frequently cited upside risk was stronger growth in this country.

What is China?

100

Singapore’s economy is expected to grow between these percentages in 2025.

What is 2.5% to 2.9%?

100

MAS uses this as its main monetary policy tool.

What is the exchange rate?

100

Core inflation in 2025 is projected at this percentage.

What is 1.5%?

200

weaker growth in this country was flagged as a risk

what is china

200

A sustained upturn in this industry cycle could boost the economy.

What is the tech cycle?

200

For 2026, GDP growth is forecast at this percentage.

What is 2.3%?

200

16% of respondents expect MAS to adjust the slope of this policy band in april

What is the Singdollar nominal effective exchange rate (S$NEER) policy band?

200

Core inflation is within MAS’ official forecast range of this.

What is 1–2%?

300

economists wared about a resurg3ence of a price-related issue.

what is inflation?

300

Economists expect trade tensions to be this, rather than worse.

What is milder-than-expected?

300

This many economists and analysts responded to MAS’ latest survey.

what is 20?
300

The S$NEER refers to the Singapore dollar managed against this type of basket of currencies.

What is a trade-weighted basket of currencies?

300

For 2026, core inflation is expected to hit this percentage.

What is 1.7%?