Asia Economics Weekly When India sneezes... India is by a long way the largest economy in South Asia. It is eight times the size of Pakistan and more than 30 times the size of Sri Lanka. India’s current weakness might therefore be expected to... 8th November 2013 · 1 min read
Emerging Markets Economics Update EM bank funding carrying more risks We’ve voiced concern about the pace of credit growth in a number of EMs. Worryingly, the composition of banks’ funding appears to have deteriorated at the same time, most notably in Turkey, but also... 8th November 2013 · 1 min read
Asia Economics Update Rate hike in Malaysia likely in first half of 2014 Malaysia’s central bank (BNM) kept its policy rate unchanged at 3.0% at its meeting today. As the economy gains a firmer footing on the back of improving export prospects over the next year, we expect... 7th November 2013 · 1 min read
Emerging Markets Economics Update Easing food inflation to keep EM inflation pressures subdued Falling global food prices should keep food inflation subdued across much of the emerging world over the coming months. Emerging Europe and Latin America in particular are likely to see significant... 6th November 2013 · 1 min read
Asia Economics Update No rebound in Indonesia’s growth likely soon Data released today showed that the pace of economic growth in Indonesia slowed again in Q3. Looking ahead, high inflation and recent interest rate hikes will weigh on growth over the next year. 6th November 2013 · 1 min read
Asia Economics Update Australia’s central bank still likely to cut again next year The Reserve Bank of Australia (RBA) kept its policy rate on hold at 2.5% today, as expected. However, we still expect further loosening in early 2014, and think that rates will remain very low for the... 5th November 2013 · 1 min read
Emerging Markets Economics Update Further signs of improvement in EM manufacturing Manufacturing across the emerging world appears to have made a strong start to Q4. Our EM-wide PMI estimate, based on data produced by Markit, is consistent with a pick-up in industrial production... 4th November 2013 · 1 min read
Asia Economics Weekly Australia rate cuts risk re-inflating housing market The Reserve Bank of Australia (RBA) has cut interest rates aggressively over the last two years, as it has looked to boost the non-mining economy to compensate for cooling mining investment. While low... 4th November 2013 · 1 min read
Asia Economics Update October PMIs suggest recovery is becoming entrenched The October PMIs for Emerging Asia were generally upbeat, with headline numbers for most countries rising. New orders were particularly encouraging, which bodes well for the short-term outlook. India... 1st November 2013 · 1 min read
Emerging Markets Activity Monitor Little sign of recovery in EM growth Our GDP Tracker suggests that EM growth was probably unchanged from Q2 in the third quarter. Although there is evidence of a recovery in Emerging Asia, growth in Latin America probably slowed in Q3... 31st October 2013 · 1 min read
Asia Economics Update Taiwan to record gradual recovery in 2014 GDP data for Taiwan released today showed the economy slowed sharply in the second quarter. Looking ahead, we expect things to get better slowly, on the back of continued loose monetary policy and a... 31st October 2013 · 1 min read
Asia Economics Update New Zealand to leave first rate hike until mid-2014 The Reserve Bank of New Zealand (RBNZ) kept its policy rate unchanged at 2.5% today. There is little immediate pressure on the central bank to hike rates, but accelerating economic growth and... 31st October 2013 · 1 min read
Asia Economics Update India cuts effective policy rate, but also has an eye on inflation India’s central bank has used the scope allowed by continued exchange rate stability to further roll back liquidity tightening measures that were introduced in the summer. However, an increase in the... 29th October 2013 · 1 min read
Asia Economics Update Asian markets see small rises Following a rollercoaster couple of months, which saw big falls in financial markets in August, followed by a strong rebound in September, equity markets have recorded small gains this month... 28th October 2013 · 1 min read
Asia Economics Weekly Weak domestic demand to hold back growth in Korea Today’s GDP data show that Korea recorded another quarter of solid growth in Q3, thanks mainly to strong domestic demand. Looking ahead, low interest rates and a pickup in exports should provide a... 28th October 2013 · 1 min read
Asia Economics Update Weaker government spending to weigh on growth in Malaysia With elections over and threats of rating downgrades still casting a shadow, Malaysia’s government opted to tighten fiscal policy in today’s budget. This is a welcome first step to raising the... 25th October 2013 · 1 min read
