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2026-07-13 10:48:43

[Survey: Singapore's Q2 GDP Growth May Slow to 5.3%, Supported by AI Demand but Dragged Down by Middle East Conflict] (1) According to the median forecast of a survey of nine economists by The Wall Street Journal, Singapore's Q2 GDP forecast, scheduled for release on Tuesday, may show a year-on-year growth of 5.3%, a slowdown from the 6.0% growth in Q1. (2) Economists at Moody's Analytics pointed out that demand for AI-related technology products has supported economic growth, but the Middle East conflict is expected to drag down the petrochemical, logistics, and transportation industries. (3) According to the forecasts of seven economists surveyed, seasonally adjusted Q2 GDP growth is expected to be 1.0%, the same as Q1.

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