Asia Data Response Korea Trade (June) After a strong end to the month, Korean export values reached a fresh all-time high in June. But with some signs external demand is levelling off and semiconductor shortages are biting, we suspect... 1st July 2021 · 3 mins read
Asia Data Response Manufacturing PMIs (June) The June PMIs dropped back as virus outbreaks and supply chains issues created mounting headwinds for industry. With neither issue likely to be resolved soon, the rapid growth in industry over the... 1st July 2021 · 2 mins read
Asia Data Response Vietnam GDP (Q2) Looking past the jump in y/y growth due to a weak base for comparison, GDP data suggest that Vietnam is facing a heavy economic toll from its efforts to control the virus. With sporadic outbreaks... 29th June 2021 · 2 mins read
Asia Data Response Korea Trade (1st – 21st June) Korean export values look set to dip in June after a record high in May. We suspect goods export values have peaked. 21st June 2021 · 2 mins read
Asia Data Response Korea Trade (1st – 10th June) Korean export values dipped a little at the start of June after a record high in May, but external shipments remain well above their pre-crisis level and should continue to boost GDP growth. 11th June 2021 · 2 mins read
Asia Data Response Korea Trade (May) Korean export values surged to an all-time high in May, suggesting that the external sector will drive GDP higher once again this quarter. 1st June 2021 · 2 mins read
Asia Data Response Manufacturing PMIs (May) The May PMIs softened slightly but were still mainly consistent with improvements in manufacturing sectors. Strong global demand for electronics will continue to support output over the next few... 1st June 2021 · 2 mins read
Asia Data Response Singapore GDP (Q1, Revised) Revised Q1 GDP data show that Singapore’s economy grew more strongly than first thought at the start of 2021. While a resurgence in virus cases is likely to drag on GDP this quarter, this headwind... 25th May 2021 · 3 mins read
Asia Data Response Korea Trade (1st – 20th May) Korean export values are likely to surge to an all-time high this month. A buoyant external sector looks set to prop up GDP again this quarter. 21st May 2021 · 3 mins read
Asia Data Response Thailand GDP (Q1) Thailand’s GDP inched up in Q1, despite a renewed outbreak of the virus. But output is unlikely to hold up this quarter. We expect the economy to shrink sharply as a further surge in new COVID-19... 17th May 2021 · 3 mins read
Asia Data Response Malaysia GDP (Q1) Malaysia's economy saw an export-driven rebound of 2.7% q/q in Q1, despite a partial lockdown midway through the quarter. But a resurgence in virus cases and the recent reimposition of containment... 11th May 2021 · 3 mins read
Asia Data Response Philippines GDP (Q1) The Philippines economy barely improved in Q1 and the reimposition of strict containment measures is likely to see output shrink this quarter. 11th May 2021 · 3 mins read
Asia Data Response Indonesia GDP (Q1) Indonesia’s economy struggled to gain any momentum in the first quarter of the year and a failure to contain the virus will hold back the recovery in the quarters ahead. 5th May 2021 · 3 mins read
Asia Data Response Korea Trade (Apr.) Korean export values were well above pre-pandemic levels in April, and with semiconductor demand set to remain elevated, at least in the short term, exports are likely to stay strong. 3rd May 2021 · 2 mins read
Asia Data Response Manufacturing PMIs (Apr.) The April PMI readings suggest that manufacturing improved further in most places in Asia after a strong Q1. Global demand for electronics should continue to support the sector over the next few... 3rd May 2021 · 2 mins read
Asia Data Response Taiwan GDP (Q1, provisional) Taiwan has been the star performer of the pandemic, with figures today showing the economy grew by 8.2% y/y in the first quarter of the year. Surging demand for semiconductors and booming investment... 30th April 2021 · 3 mins read
