Singapore
+1.7
▬
vs 1w ago (+2.1)
Singapore economic data has been roughly in line with expectations. Over the past 90 days,
releases have been close to analyst estimates with no strong directional bias.
Current Score
+1.7
1 Week Ago
+2.1
Releases (90d)
55
Top Beats
5
Top Misses
5
Surprise Index — 3 Year Weekly Trend with STI Overlay
G7 Comparison — Economic Surprise Index
▲ Top Positive Surprises
- Balance of Trade +6.34z
- S&P Global PMI +1.56z
- Core Inflation Rate YoY +1.03z
- Gross Domestic Product YoY +1.07z
- Gross Domestic Product YoY +1.07z
▼ Top Negative Surprises
- Core Inflation Rate YoY -1.52z
- Industrial Production MoM -0.65z
- Balance of Trade -0.63z
- Retail Sales MoM -1.02z
- Core Inflation Rate YoY -0.91z
All Releases — 90 Day Window (55 events)
| Date | Event | Actual | Estimate | Surprise Z | Impact | Contribution |
|---|---|---|---|---|---|---|
| 2026-02-16 | Balance of Trade | 12.534 | 2.0 | +6.343 | Low | +52.31 |
| 2026-03-23 | Core Inflation Rate YoY | 1.4 | 0.9 | -1.524 | Low | -28.21 |
| 2026-03-04 | S&P Global PMI | 59.2 | 55.9 | +1.564 | Low | +18.66 |
| 2026-03-26 | Industrial Production MoM | -7.2 | 1.0 | -0.648 | Low | -12.86 |
| 2026-03-17 | Balance of Trade | 4.548 | 9.5 | -0.628 | Low | -10.12 |
| 2026-02-23 | Core Inflation Rate YoY | 1.0 | 1.6 | +1.028 | Low | +9.97 |
| 2026-02-10 | Gross Domestic Product YoY | 6.9 | 5.7 | +1.066 | Low | +7.65 |
| 2026-02-09 | Gross Domestic Product YoY | 6.9 | 5.7 | +1.066 | Low | +7.48 |
| 2026-02-09 | Gross Domestic Product YoY | 6.9 | 5.7 | +1.066 | Low | +7.48 |
| 2026-02-04 | S&P Global PMI | 56.8 | 54.5 | +1.118 | Low | +6.99 |
| 2026-02-05 | Retail Sales MoM | -5.4 | 0.9 | -1.022 | Low | -6.54 |
| 2026-02-23 | Inflation Rate MoM | -0.5 | -0.2 | +0.604 | Low | +5.86 |
| 2026-01-23 | Core Inflation Rate YoY | 1.2 | 0.9 | -0.914 | Low | -4.33 |
| 2026-03-26 | Industrial Production YoY | -0.1 | 14.3 | -0.214 | Low | -4.25 |
| 2026-04-01 | URA Property Index QoQ | 0.3 | 0.5 | -0.172 | Low | -3.92 |
| 2026-02-27 | Export Prices YoY | -6.2 | -3.2 | +0.339 | Low | +3.61 |
| 2026-04-02 | SIPMM Manufacturing PMI | 50.5 | 50.6 | -0.153 | Low | -3.56 |
| 2026-01-16 | Balance of Trade | 2.205 | 6.9 | -0.819 | Low | -3.30 |
| 2026-02-10 | GDP Growth Rate YoY | 6.9 | 5.7 | +0.453 | Low | +3.25 |
| 2026-03-31 | Bank Lending | 893.6 | 888.5 | +0.136 | Low | +3.02 |
| 2026-01-16 | Non-Oil Exports MoM | -9.4 | 1.2 | -0.659 | Low | -2.66 |
| 2026-01-30 | Bank Lending | 886.1 | 869.2 | +0.460 | Low | +2.56 |
| 2026-02-23 | Inflation Rate YoY | 1.4 | 1.6 | +0.250 | Low | +2.42 |
| 2026-02-27 | Bank Lending | 887.5 | 895.0 | -0.198 | Low | -2.11 |
| 2026-03-05 | Retail Sales YoY | -0.4 | 3.1 | -0.171 | Low | -2.08 |
| 2026-02-27 | Producer Price Index YoY | -6.0 | -4.0 | +0.186 | Low | +1.98 |
| 2026-03-27 | Import Prices YoY | -1.4 | -1.9 | -0.089 | Low | -1.82 |
| 2026-03-02 | SIPMM Manufacturing PMI | 50.6 | 50.7 | -0.152 | Low | -1.74 |
| 2026-01-23 | Industrial Production MoM | -13.3 | 4.0 | -0.342 | Low | -1.62 |
| 2026-01-06 | S&P Global PMI | 54.1 | 55.1 | -0.481 | Low | -1.54 |
| 2026-03-23 | Inflation Rate MoM | 0.6 | 0.5 | -0.081 | Low | -1.49 |
| 2026-02-26 | Industrial Production YoY | 16.6 | 11.0 | +0.108 | Low | +1.13 |
| 2026-01-23 | Inflation Rate MoM | 0.3 | 0.2 | -0.201 | Low | -0.95 |
| 2026-03-05 | Retail Sales MoM | 6.1 | 4.0 | +0.077 | Low | +0.94 |
| 2026-02-02 | SIPMM Manufacturing PMI | 50.5 | 50.6 | -0.153 | Low | -0.91 |
| 2026-01-23 | Inflation Rate YoY | 1.2 | 1.1 | -0.182 | Low | -0.86 |
| 2026-03-27 | Export Prices YoY | -4.3 | -4.0 | +0.027 | Low | +0.55 |
| 2026-02-05 | Retail Sales YoY | 2.7 | 5.5 | -0.077 | Low | -0.49 |
| 2026-03-17 | Non-Oil Exports YoY | 4.0 | 4.9 | -0.029 | Low | -0.47 |
| 2026-02-26 | Gross Domestic Product QoQ | 2.1 | 1.9 | +0.044 | Low | +0.46 |
| 2026-02-26 | Gross Domestic Product QoQ | 2.1 | 1.9 | +0.044 | Low | +0.46 |
| 2026-02-26 | Gross Domestic Product QoQ | 2.1 | 1.9 | +0.044 | Low | +0.46 |
| 2026-02-16 | Non-Oil Exports YoY | 9.3 | 13.5 | -0.050 | Low | -0.41 |
| 2026-01-16 | Non-Oil Exports YoY | 6.1 | 14.0 | -0.090 | Low | -0.36 |
| 2026-02-02 | Business Confidence | 11.0 | 9.0 | +0.058 | Low | +0.35 |
| 2026-02-02 | Business Confidence | 11.0 | 9.0 | +0.058 | Low | +0.35 |
| 2026-01-23 | URA Property Index QoQ | 0.6 | 0.7 | -0.061 | Low | -0.29 |
| 2026-02-26 | GDP Growth Rate QoQ | 2.1 | 1.9 | +0.025 | Low | +0.26 |
| 2026-03-27 | Producer Price Index YoY | -2.9 | -3.0 | -0.012 | Low | -0.25 |
| 2026-01-26 | Industrial Production YoY | 8.3 | 10.1 | -0.038 | Low | -0.19 |
| 2026-02-26 | Industrial Production MoM | 5.3 | 4.5 | +0.014 | Low | +0.15 |
| 2026-02-27 | Import Prices YoY | -3.7 | -3.8 | -0.009 | Low | -0.10 |
| 2026-01-23 | CPI | 1.2 | 1.2 | -0.000 | Medium | -0.00 |
| 2026-03-20 | Unemployment Rate | 2.0 | 2.0 | -0.000 | Low | -0.00 |
| 2026-03-23 | Inflation Rate YoY | 1.2 | 1.2 | -0.000 | Low | -0.00 |