Asia Data Response Manufacturing PMIs & Korea Trade (Jan.) Manufacturing PMIs edged up slightly in January but remained subdued overall. We continue to expect weak global demand and elevated interest rates to drag on manufacturing activity in the coming... 1st February 2023 · 2 mins read
Asia Data Response Philippines GDP (Q4) Growth slowed in Q4 and we expect the economy to weaken further over the coming quarters against a backdrop of weak global demand, high interest rates and elevated inflation. 26th January 2023 · 2 mins read
Asia Data Response Korea GDP (Q4) Economic output fell in the final quarter of 2022, and we think the economy will continue to struggle over the coming year as high interest rates and weak overseas demand weigh on prospects. Our 2023... 25th January 2023 · 3 mins read
Asia Data Response Taiwan GDP (Q4) Taiwan’s economy unexpectedly contracted in Q4, driven by a sharp fall in exports. We expect the economy to remain weak over the coming quarters as exports struggle amid a global recession and higher... 18th January 2023 · 2 mins read
Asia Data Response Manufacturing PMIs & Korea Trade (Dec.) Manufacturing PMIs across the region rose slightly in December but remained weak overall. We continue to expect weaker global demand, high inflation and interest rates to drag on manufacturing ahead. 3rd January 2023 · 2 mins read
Asia Data Response Singapore GDP (Q4, flash estimate) Growth slowed sharply in the first two months of Q4 and we expect a further slowdown over the coming months as high inflation, multi-decade high interest rates and weaker global demand weigh on... 3rd January 2023 · 3 mins read
Asia Data Response Manufacturing PMIs, Korea Trade, Indonesia CPI Manufacturing PMIs across the region fell further into contractionary territory in November, driven by a sharp decline in the employment index. We expect conditions to remain subdued as weaker global... 1st December 2022 · 2 mins read
Asia Data Response Singapore GDP (Q3, revised estimate) Revised GDP data confirm that the economy rebounded strongly in the third quarter. However, we don’t expect this strength to last. A combination of weaker global growth, high inflation and tighter... 23rd November 2022 · 3 mins read
Asia Data Response Thailand GDP (Q3) Thailand’s economy accelerated in the third quarter on the back of a surge in service exports. Although the global downturn and higher interest rates will weigh on prospects, we expect growth to hold... 21st November 2022 · 3 mins read
Asia Data Response Malaysia GDP (Q3) Malaysia’s economy slowed in Q3, and we think growth will struggle over the coming quarters as lower commodity prices, weaker global demand and tighter monetary policy drag on prospects. 11th November 2022 · 2 mins read
Asia Data Response Philippines GDP (Q3) The Philippines economy rebounded in the third quarter of the year, but we expect growth to slow over the coming months as high inflation, rising interest rates and weaker global demand weigh on... 10th November 2022 · 2 mins read
Asia Data Response Indonesia (Q3 GDP) Economic growth in Indonesia accelerated in the third quarter, but this is likely to be as good as it gets. We expect lower commodity prices, tighter monetary policy and elevated inflation to drag on... 7th November 2022 · 2 mins read
Asia Data Response Manufacturing PMIs, Korea Trade, Indonesia CPI Manufacturing PMIs across the region were downbeat in October owing to weak external demand and a deterioration in the employment outlook. We expect manufacturing to remain subdued, as weaker global... 1st November 2022 · 2 mins read
Asia Data Response Taiwan GDP (Q3) Taiwan’s economy returned to growth in Q3, after the Omicron-induced slump in the second quarter, but we expect growth to weaken considerably over the coming quarters as exports struggle and the... 28th October 2022 · 2 mins read
Asia Data Response Korea GDP (Q3) GDP growth in Korea slowed sharply in the third quarter of the year, and we think the economy will remain weak over the coming quarters as higher interest rates and weaker export demand weigh on... 27th October 2022 · 2 mins read
Asia Data Response Manufacturing PMIs, Korea Trade, Indonesia CPI Manufacturing PMIs across the region were downbeat in September, as new export orders declined again. We expect conditions to remain subdued, as weaker global demand, high inflation and tighter... 3rd October 2022 · 2 mins read
