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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
SingaporeSingapore GDP Growth Rate QoQ-Final held to 2.3% in Q1 2014
FMPQuarterlyReleased May 2014
Singapore GDP Growth Rate QoQ-Final held to 2.3% in Q1 2014, released May 2014. The print exceeded the 1.0% consensus by 1.3%.
Latest Release
2.300000
Actual
1.000000
Consensus
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Previous
Sigmacast Track Record
Sigmacast track record will appear here once this indicator has been released 3+ times since Sigmanomics began tracking.
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Signal Bias | Action |
|---|---|---|---|---|---|
| USD/SGD | ▼ Inverse | −0.50 | FOREX | Bullish SGD | → View |
| AUD/USD | ▲ Direct | +0.35 | FOREX | Watch | → View |
| EUR/USD | ▲ Direct | +0.30 | FOREX | Watch | → View |
| XAU/USD | ▲ Direct | +0.30 | COMMODITIES | Watch | → View |
| S&P 500 | ▲ Direct | +0.30 | INDEX | Watch | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
GDP Growth Rate QoQ-Final (Singapore) was reported at 2.3% in May 2014. This beat the market consensus of 1% by 1.3%. This is classified as a medium-impact indicator released on a quarterly basis.
THE MODEL'S TAKE
Historically, this indicator is negatively correlated with USD/SGD (Bullish SGD). A secondary relationship exists with AUD/USD, positively correlated (Watch).
WHAT TO WATCH NEXT
Same-country events in the next 14 days include CPI YoY (Jun 23).
Auto-generated from current model state · Refreshes on each release · Last update May 2014.
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GDP Growth Rate QoQ-Final - SG
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About GDP Growth Rate QoQ-Final — Singapore
DEFINITION
The GDP Growth Rate QoQ-Final is a key economic indicator that measures the quarterly change in a country's gross domestic product (GDP). It provides valuable insights into the overall health and performance of the economy, as well as its growth trajectory. This final reading is based on the most recent data and is considered a reliable measure of a country's economic progress. Investors and policymakers often use this indicator to make informed decisions and assess the effectiveness of economic policies.
WHY THIS INDICATOR MATTERS
Aggregate growth figures anchor cyclical positioning across asset classes and inform fiscal and monetary policy debate. Surprises against consensus can drive short-term moves, particularly when the print breaks an established trend. Released quarterly.
WHAT CHANGED THIS MONTH
Latest reading (Jan 2014): actual 2.3 %, consensus 1 %.
WHAT'S NEXT
This indicator correlates most strongly with USD/SGD (Bullish SGD, r=-0.50) — a useful reference for forex-focused traders.