Nielsen
Aug 28, 2019

Both economy and consumer confidence subdued in Singapore

The financial climate in the city may be low-spirited, but FMCG ecommerce sales are surging and brands can take heart from Singaporeans' love of trying new products.

SINGAPORE MARKET SNAPSHOT

Throughout the first half of 2019 Singapore’s economy has caught the brunt of the challenging global economic climate, which saw its annual GDP growth slow from 4.2% in Q2 2018 to 0.1% in Q2 2019the lowest level since the financial crisis lows recorded in 2009.

Earlier this month the Singapore Ministry of Trade and Industry downgraded its GDP forecast for the second consecutive quarter this...

To continue reading this article you need to be registered with Campaign. Registration is free and only takes a minute. Register Now or sign in below if you already have an account.

Existing users sign in here

Forgotten Password?

Having trouble signing in?

Contact Customer Support at
customerservices@campaignasia.com
or call+852 3175 1913

Membership

Why Subscribe?

  • Campaign Asia-Pacific online premium content* including in-depth monthly focus on key trends and industry issues
  • Unlimited website access*, and an archive of more than 70,000 articles
  • Regular value-added supplements including brand health checks, sector studies, ad critiques and research charts
  • Daily newsletters and breaking story alerts straight to your inbox
  • New weekly feature articles on the latest research, innovation and marketing trends
  • Be the first to hear about industry events

or call +65 9771 3034
or email subscriptions@campaignasia.com

Follow us

Top news, insights and analysis every weekday

Sign up for Campaign Bulletins

Related Articles

Just Published

Premium
Taobao Festival launches world's first rocket restaurant in Hangzhou
Premium
6 hours ago

Taobao Festival launches world's first rocket ...

STRANGER THINGS: See how Chinese entrepreneurs are taking rocket recycling to new heights.

Premium
Malaysian radio station releases street food video in response to Netflix snub
Premium
7 hours ago

Malaysian radio station releases street food video ...

Netflix failed to include Malaysia in its street food series, so Malaysians decided to take matters into their own hands.

Premium
This mom is a real monster (but in a good way)
Premium
12 hours ago

This mom is a real monster (but in a good way)

THE WORK: 'Monster' by Grey Group for Olay.

Premium
How this one lesson from TV can make your digital budget work harder
Premium
13 hours ago

How this one lesson from TV can make your digital ...

Advertisers should rediscover the lost art of capitalising on adstock theory, according to InSkin Media's APAC GM.