India Rapid Response Consumer Prices (Jan.) In the context of its continued hawkish communications, we doubt that the drop in headline consumer price inflation in January will be enough to convince the RBI to pivot yet. But it is clear that... 12th February 2024 · 2 mins read
Asia Economics Update Pakistan: election result bad news for the economy Pakistan’s general election has thrown the country’s political scene into turmoil, with no party emerging with a majority from Thursday’s poll. A hung parliament may complicate the country’s upcoming... 9th February 2024 · 3 mins read
Asia Economics Weekly Encouraging news on inflation, Indonesia elections The most recent batch of inflation figures for the region paint an encouraging picture. Headline inflation fell again in most countries last month and is now within target nearly everywhere. With... 9th February 2024 · 7 mins read
India Economics Weekly Paytm fallout, RBI unmoved, new Inflation Dashboard The RBI left rates on hold as expected this week, but much of the discussion at the press conference was on its clamp down on the activities of Paytm Payments Bank. We don’t think this is a major... 9th February 2024 · 5 mins read
China Rapid Response Bank Lending & Broad Credit (Jan) There was the usual seasonal surge in net credit in China in January that took new bank lending to a record high. The underlying story is less positive, with loan demand little changed and broader... 9th February 2024 · 2 mins read
Australia & New Zealand Economics Weekly Next move is still down for Antipodean central banks Although the RBA refused to rule out additional interest rate increases at its meeting this week, we suspect a cooling economy will obviate the need for further policy tightening. That said, in... 9th February 2024 · 5 mins read
Australia & New Zealand Rapid Response Australia Monthly Household Spending Indicator (Dec. 23) 9th February 2024 · 2 mins read
China Economics Weekly Year of the Dragon: limited relief from economic woes The upcoming Year of the Dragon will bring some improvements to China’s economy, including an uptick in births, increased fiscal support and a further normalisation in consumer behavior. But with the... 8th February 2024 · 7 mins read
Japan Economics Weekly Consumers should be feeling a little brighter in 2024 The upcoming GDP data are likely to confirm that Japanese consumers had a dismal 2023, with spending falling for most of the year. Healthy increases in nominal wages and lower inflation should put... 8th February 2024 · 5 mins read
India Economics Update RBI not ready to pivot yet The RBI kept the repo rate on hold at 6.50% today as expected and continued to strike a hawkish tone. With the economy holding up well and inflation likely to remain above the 4% target for a few more... 8th February 2024 · 3 mins read
India Rapid Response RBI Policy Announcement (Feb.) The RBI kept the repo rate on hold at 6.50% today as expected and continued to strike a hawkish tone. With the economy holding up well and inflation to remain above the 4% target for a few more months... 8th February 2024 · 2 mins read
China Rapid Response Consumer & Producer Prices (Jan.) CPI fell deeper into deflationary territory last month. But this was largely due to the usual volatility in food and tourism prices around Chinese New Year. We think consumer price inflation will... 8th February 2024 · 2 mins read
Asia Economics Focus Indonesia after Jokowi Indonesia has some of the best long-term growth prospects of any economy. Key to whether it realises them is whether Indonesia maintains the progress President Joko Widodo (better known as Jokowi) has... 7th February 2024 · 10 mins read
India Economics Focus A helping hand from the diaspora Remittances are often an underappreciated source of foreign currency for India. While growth in remittances will slow in the next few years, they should remain an important source of external funding... 7th February 2024 · 9 mins read
Australia & New Zealand Rapid Response New Zealand Labour Market (Q4 2023) Although the unemployment rate last quarter came in below the RBNZ’s expectations, leading indicators continue to point to a rapid loosening of labour market conditions this year. Accordingly, we... 6th February 2024 · 2 mins read
