Emerging Markets Economics Update EM PMI edges up January’s PMIs suggest that stabilisation in manufacturing across EMs continued at the start of the year. It’s particularly encouraging that conditions are no longer getting worse in Brazil and Russia... 1st February 2016 · 1 min read
India Data Response Manufacturing PMI (Jan.) India's manufacturing PMI rose at the start of 2016, but the reading remains weak by past standards. The big picture is that local industry continues to face significant structural headwinds. 1st February 2016 · 1 min read
Asia Data Response Manufacturing PMIs (Jan.) The January PMIs for Emerging Asia were generally disappointing and underline the fragility of the region’s manufacturing recovery. 1st February 2016 · 1 min read
Emerging Markets Activity Monitor EM growth dips – but no sign of collapse Our GDP Tracker suggests that EM growth dipped again in November. However, this was driven overwhelmingly by a deepening downturn in Brazil – and more recent survey data have provided some hope that... 29th January 2016 · 1 min read
Emerging Europe Economics Update Divergent inflation outlook The divergence in EM inflation looks set to persist throughout 2016. In Emerging Asia, Central Europe and parts of the Middle East, low oil prices will help keep inflation muted. But in some of the... 29th January 2016 · 1 min read
Asia Economics Update Calm returns to Asian financial markets Asia’s markets were badly caught up in the global sell-off earlier in the month, and although sentiment seems to have settled down in recent days, most of the region’s equity markets are still down... 29th January 2016 · 1 min read
Precious Metals Update India to remain a major importer of gold, for now While the response to India’s Gold Monetisation Scheme has been fairly muted so far, the Sovereign Gold Bond Scheme has been a success, having attracted the equivalent of almost four tonnes of gold... 29th January 2016 · 1 min read
Asia Economics Weekly Time to worry about property price bubbles? Hong Kong made international headlines last week after it was shown to have the least affordable property market in the world. But Hong Kong is not the only economy in the region where property prices... 29th January 2016 · 1 min read
India Economics Update Fiscal success in FY15/16, but tougher challenges await As attention turns to the government’s FY16/17 budget announcement on 29 th February, the finance ministry can look back on what appears to have been a successful FY15/16. We think that this year’s... 29th January 2016 · 1 min read
Asia Data Response Taiwan GDP (Q4 Advanced) Taiwan’s economy climbed out of recession last quarter and we expect the recovery to gain momentum this year, as growth in Taiwan’s main trading partners picks up and domestic demand strengthens. 29th January 2016 · 1 min read
Asia Economics Update Key challenges await Vietnam’s new leadership Vietnam’s new top leadership team, which has just been unveiled, takes the reins at a key moment for the economy. Although short-term prospects remain good, further reforms are needed for the economy... 28th January 2016 · 1 min read
Asia Economics Update Malaysia puts fiscal discipline ahead of growth Malaysia’s government cut its spending plans for 2016 today in response to recent declines in global oil prices. While Malaysia’s commitment to fiscal discipline is encouraging, it will come at the... 28th January 2016 · 1 min read
Asia Data Response Philippines GDP (Q4) Growth in the Philippines picked up again in the fourth quarter and looks set to gain more momentum in 2016. The domestic economy is in very good health but, perhaps surprisingly given the current... 28th January 2016 · 1 min read
RBI Watch Policy rates unlikely to fall any further The consensus is expecting further, albeit limited, monetary easing in India over the coming months, but we continue to think that the rate-cutting cycle has come to an end. The Reserve Bank of India... 27th January 2016 · 1 min read
Asia Chart Pack Weak inflation means rates will remain low for longer Inflation across Emerging Asia remains very low, with consumer prices rising by less than 2% y/y in seven of the 14 countries we track. Two of those, Thailand and Singapore, are in deflation, while... 27th January 2016 · 1 min read
Asia Data Response Korea GDP (Q4 Preliminary) It always looked inevitable that Korea’s economy would lose some momentum in the final quarter of 2015, after the strong rebound in Q3. However, we expect growth to pick up again in the coming... 26th January 2016 · 1 min read
