With economic growth in the third quarter of this year exceeding the projected rate, Singapore has raised its growth forecast for the whole year 2024 to around 3.5%.

Singapore’s Ministry of Trade and Industry (MTI) on August 13 raised its 2024 growth forecast to 2%- 3% from its range of 1% to 3%.

Singapore's core inflation rose to 5.5% year-on-year in January, the highest since November 2008, according to a press release by the Ministry of Trade and Industry (MTI) on February 23.

Singapore and the US have signed an agreement to implement the US-Singapore Partnership for Growth and Innovation in order to strengthen collaboration on trade and investment between the two countries, the Singaporean Ministry of Trade and Industry (MTI) said in a news release on October 8.

Singapore's core inflation edged up to 1.9 percent year-on-year in October, the highest level in four years.

Singapore’s inflation rate in April decreased 0.4 percent year-on-year, coming in below the 0.7 percent in the previous month, according to the latest report by the Monetary Authority of Singapore (MAS) and the Ministry of Trade and Industry (MTI).

Singapore ’s inflation rate in January dropped 0.6 percent compared with the same period last year.