Annualized QoQ Change in Final Quarterly GDP in Singapore
Singapore| Date | Value | ||
|---|---|---|---|
| Forecast | Actual | Deviation | |
| Date | Related Instruments Price Volatility | |||||
|---|---|---|---|---|---|---|
| 1 min later | 5 min later | 10 min later | 15 min later | 30 min later | ||
The quarterly Gross Domestic Product (GDP) final estimate's annualized quarter-on-quarter comparison is an indicator showing the total economic activity in Singapore and how much it has increased or decreased compared to the previous quarter, on an annualized basis. This data is published quarterly by the Singapore Department of Statistics and is crucial for evaluating short-term economic trends.
Annualized quarter-on-quarter data helps determine the extent to which the economy is growing or stagnating over a short period when converted to an annual rate. If GDP is increasing, it indicates economic expansion, potentially leading to higher corporate earnings and employment. Conversely, if GDP is decreasing, it signifies economic stagnation or contraction, which could result in lower corporate earnings and employment.
This data is vital for policymakers to assess the economy's health and formulate appropriate monetary and fiscal policies. For instance, if GDP shows high growth, the central bank might consider raising interest rates to control inflation risks. Conversely, if GDP is declining, it may be necessary to strengthen economic stimulus measures. For businesses and investors, this data serves as an essential resource for economic outlook and investment strategy planning.
| Date | Value | Related Instruments Price Volatility | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Forecast | Actual | Deviation | 1 min later | 5 min later | 10 min later | 15 min later | 30 min later | 60 min later | ||
