The typical/expected market impact of this event is low.
The consensus forecast for Gross Domestic Product (QoQ) is 0.7%. A higher value than forecast tends to be bullish for SGD/xxx pairs and bearish for xxx/SGD pairs.
Higher numbers than forecast tend to be bullish for SGD/xxx pairs and bearish for xxx/SGD pairs.
The most recent announced value for Gross Domestic Product (QoQ) was -0.6% against a forecast of -1%.