Friday, 7 October 2016

MAS to issue policy statement, Q3 GDP data on Oct 14

Singapore will issue the central bank's semiannual monetary policy statement and data on third-quarter gross domestic product on Oct 14, authorities said on Friday.

The Monetary Authority of Singapore (MAS) will announce its monetary policy decision next Friday at 8am, the central bank said on its website.

The government's advance estimate of third-quarter GDP will be released at the same time, according to a statement from the Ministry of Trade and Industry.

Singapore's central bank is expected to keep its exchange-rate based monetary policy steady at next week's review, but some analysts say that external risks and sluggish growth may prompt a further easing in 2017.

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