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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
SingaporeSingapore GDP Growth Rate YoY-Final held to 4.9% in February 2014
FMPQuarterlyReleased May 2014
Singapore GDP Growth Rate YoY-Final held to 4.9% in February 2014, released May 2014. The reading missed the 5.5% consensus by 0.6%.
Latest Release
4.900000
Actual
5.500000
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 YoY-Final (Singapore) was reported at 4.9% in May 2014. This missed the market consensus of 5.5% by 0.6%. 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 (May 25).
Auto-generated from current model state · Refreshes on each release · Last update May 2014.
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GDP Growth Rate YoY-Final - SG
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About GDP Growth Rate YoY-Final — Singapore
DEFINITION
The GDP Growth Rate YoY-Final is a key economic indicator that measures the annual percentage change in a country's gross domestic product (GDP). It provides insight into the overall health and growth of an economy, as well as its ability to generate wealth and create jobs. This final reading is considered a reliable and comprehensive measure of economic performance, making it a crucial tool for investors, policymakers, and businesses in assessing the current and future state of a country's economy.
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 4.9 %, consensus 5.5 %.
WHAT'S NEXT
This indicator correlates most strongly with USD/SGD (Bullish SGD, r=-0.50) — a useful reference for forex-focused traders.