Respondents cited the spillover of geopolitical tensions as the top downside risk to the domestic economic outlook. Meanwhile, over 70 percent of respondents identified China's robust growth as a driving force for Singapore's economy.
The median forecast for Singapore's all-items inflation this year was 2.8 percent, down from 3.1 percent in the March survey.
The MAS surveyed 26 economists and analysts and received views from 20 respondents.
The Singapore economy expanded by 2.7 percent year-on-year in the first quarter of this year.
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