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CNBC

Singapore revises its annual growth forecast sharply higher on AI-related boost

Tuesday, August 11, 2026


Singapore revised its 2026 GDP growth forecast to 4.5% to 5.5%, raising the lower bound from the previous forecast range of 2% to 4%. The revision reflected expectations of increased economic activity related to artificial intelligence development and related sectors.

Original reporting: https://www.cnbc.com/2026/08/11/singapore-gdp-forecast-ai-boost-oil.html

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