Japan Data Response Japan Flash PMIs (Apr. 2023) April’s flash PMIs point to further upside risks to our GDP forecasts, indicating a broad improvement in both domestic and external demand. That suggests the exports downturn may be short-lived... 21st April 2023 · 2 mins read
Japan Data Response Japan Consumer Prices (Mar. 2023) Underlying inflation saw a sizeable increase in March, while headline inflation inched down thanks to falling energy prices. A stronger yen and falling import price inflation should still see... 21st April 2023 · 2 mins read
India Chart Pack The geopolitical balancing act India is benefitting from maintaining its historic unaligned stance in tensions between the US and Russia. Since the start of the war in Ukraine, India has been ramping up oil imports from Russia to... 20th April 2023 · 10 mins read
Event Asia Drop-In: BOJ Special – Governor Ueda’s debut and the future of YCC 1682668800 As the new Bank of Japan Governor prepares to chair his first policy meeting, the future of the Yield Curve Control policy is again in focus. Will Kazuo Ueda bring continuity or change?
Australia & New Zealand Economics Update Lowe unlikely to be reappointed as RBA Governor The recommendations by the RBA’s review panel unveiled today were broadly in line with what we had anticipated. While the 2-3% inflation target will be retained, sweeping changes to the Bank’s... 20th April 2023 · 4 mins read
Japan Data Response Japan External Trade (Mar. 2023) The trade deficit narrowed in March as import values fell faster than export values. Data for Q1 so far are still consistent with a negative contribution from net trade to GDP. 20th April 2023 · 3 mins read
Australia & New Zealand Data Response New Zealand Consumer Prices (Q1 2023) Although inflation in Q1 was below what the RBNZ had expected, we don’t expect the Bank to take its foot off the brakes just yet. Indeed, with non-tradables prices continuing to rise at a rapid clip... 20th April 2023 · 2 mins read
Australia & New Zealand Rapid Response New Zealand Consumer Prices (Q1 23) 19th April 2023 · 2 mins read
Asia Economics Update Indonesia: rates on hold for the rest of the year Bank Indonesia (BI) today left interest rates unchanged (at 5.75%), and appeared to signal that further rate increases this year were unlikely. With inflation falling and growth easing, we expect... 18th April 2023 · 2 mins read
China Rapid Response GDP (Q1), Activity & Spending (Mar.) GDP rebounded more quickly than expected in Q1 thanks to a rapid return to normality following last year’s virus disruptions. With consumer confidence on the mend and credit growth accelerating, there... 18th April 2023 · 4 mins read
Japan Economics Update What to do about persistent corporate surpluses? A higher corporate tax would reduce corporate sector surpluses and could stimulate demand if the additional revenue were used to finance higher public spending or transfers to households. But the tax... 17th April 2023 · 5 mins read
