GDP expected to contract 11.8% in Q2: MAS survey

Uploaded By:  Frances Gagua Submitted By:  Staff Reporter Case Study:  No Accommodation and food services could be the worst-performing with a 26% decline. Experts are now bracing for an 11.8% YoY gross domestic product (GDP) contraction in Q2, according to findings from the Monetary Authority of Singapore’s (MAS) survey of professional forecasters in June 2020. read more