News

Energy & Offshore

Staff Reporter

, Singapore

Published:

10 years ago

SG Monetary policy: The third quarter advance GDP will be released at 8 a.m. on Oct. 14

Singapore to report monetary policy decision and third quarter GDP on 14 Oct

Find out what to expect.

Singapore will announce the central bank's semi-annual monetary policy decision and release advance gross domestic product (GDP) estimates for the third quarter on Oct. 14, according to a report by Reuters.

The third quarter advance GDP will be released at 8 a.m. on Oct. 14, the Ministry of Trade and Industry said on Tuesday.

Reuters adds that the Monetary Authority of Singapore's (MAS) website showed its monetary policy statement would be released at the same time.

Most economists expect the MAS to maintain its policy of allowing a "modest and gradual" appreciation of the Singapore dollar to guard against inflationary pressures, as core inflation has remained elevated, reflecting wage cost pressures from a tight labour market.

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