DBS Sees Singapore 2Q26 GDP Growth at 5.8% YoY, 1.5% QoQ
DBS economists forecast Singapore's advance 2Q26 GDP at 5.8% year-on-year and 1.5% quarter-on-quarter seasonally adjusted, slightly below the prior quarter but backed by resilient GDP and strong non-oil domestic exports.
SGD
DBS economists Radhika Rao and Mo Ji estimate Singapore's advance 2Q26 GDP will come in at 5.8% year-on-year and 1.5% quarter-on-quarter on a seasonally adjusted basis.
The forecast is marginally below the 1Q26 reading but is supported by resilient overall GDP performance and robust non-oil domestic exports (NODX). The data underscores continued strength in the city-state's trade-dependent economy.
No further details on NODX figures were provided in the initial report.
Source: FXStreet Forex News