Singapore economy: Barclays economist breaks down advanced GDP data

Singapore's economy grew better-than-expected in the fourth quarter, but at a slower pace than the previous quarter. Advanced data released Thursday (Jan 2) shows GDP rose 4.3 per cent on-year in the October to December quarter, slightly higher than analyst estimates. Full-year growth was lifted to 4 per cent, exceeding the official forecast of an expansion of around 3.5 per cent. Brian Tan, head of non-China EM Asia Economics Research at Barclays, tells CNA’s Asia First that Singapore’s economy is entering 2025 on a relatively solid footing, but the horizon looks cloudy. Subscribe to our channel here: https://cna.asia/youtubesub Subscribe to our news service for must-read stories: Telegram - https://cna.asia/telegram WhatsApp - https://cna.asia/whatsapp Follow us: CNA: https://cna.asia CNA Lifestyle: http://www.cnalifestyle.com Facebook: https://www.facebook.com/channelnewsasia Instagram: https://www.instagram.com/channelnewsasia Twitter: https://www.twitter.com/channelnewsasia TikTok: https://www.tiktok.com/@channelnewsasia