Asia Economics Update Manufacturing PMIs, Korean trade, Indonesia inflation The PMIs from Emerging Asia picked up strongly last month, but we doubt this will last given the subdued outlook for global demand. Meanwhile, the decline in inflation in Indonesia last month supports... 1st July 2024 · 2 mins read
China Rapid Response China PMIs (Jun. 2024) The PMIs for June suggest that China’s economy lost some momentum last month. But the manufacturing surveys may have been weighed down by negative sentiment effects due to recent tariff announcements... 1st July 2024 · 3 mins read
China Economics Weekly Consumption support still falling short New government guidelines on how to create "new consumption scenarios" are still largely focused on supply-side reform, while little is being done to address demand weakness. Alongside a ramp-up in... 28th June 2024 · 5 mins read
Asia Economics Weekly Weak Korean activity data, dovish BSP, hawkish BoT The latest monthly activity data for Korea suggest that the economy weakened again last month and that GDP will have contracted in the second quarter of the year. In addition, while the central bank... 28th June 2024 · 7 mins read
China Chart Pack China Chart Pack (Jun. 24) Our China Chart Pack has been updated with the latest data and our analysis of recent developments. China’s economy has regained some momentum in recent quarters and should continue to do relatively... 28th June 2024 · 1 min read
Emerging Markets Economic Outlook EM easing cycle moving into a new phase Emerging markets in Asia and parts of Europe will continue to perform well and better than most expect this year, but we think that Latin America will lag behind. The EM monetary easing cycle is... 27th June 2024 · 26 mins read
Global Economic Outlook Recovery signs clouded by political uncertainty The global economy seems to be heading into recovery mode as the adverse effects of the previous surge in inflation subside. Real incomes are recovering in most advanced economies and China is feeling... 27th June 2024 · 46 mins read
China Economic Outlook Manufacturing boom to shore up growth a while longer China’s economy is on course to expand by 5.5% this year, buoyed by policy support and strong exports. But we remain less sanguine about the medium-term outlook. 25th June 2024 · 15 mins read
India Chart Pack India Chart Pack (June 2024) Our India Chart Pack has been updated with the latest data and our analysis of recent developments. Prime Minister Modi begins his third term with a weakened mandate, but an economy that is primed to... 25th June 2024 · 1 min read
Asia Chart Pack Emerging Asia Chart Pack (June 2024) Our Emerging Asia Economics Chart Pack has been updated with the latest data and our analysis of recent developments. Most central banks in Emerging Asia have left policy rates unchanged since... 25th June 2024 · 0 mins read
China Activity Monitor CAP: Growth slows but near-term prospects still good Our China Activity Proxy suggests that economic growth weakened in May on the back of a fall in services activity. Industry also slowed, following months of outperformance. We doubt this marks the... 24th June 2024 · 3 mins read
China Economics Weekly PBOC: Don’t worry about the weakness of credit Governor Pan Gongsheng’s comments about PBOC bond buying and about changes to the monetary policy framework caught the headlines this week. But it was what he said about weak credit growth that caught... 21st June 2024 · 6 mins read
Asia Economics Weekly Thai budget boost, Singapore’s cooling jobs market Most countries in Asia are planning to tighten fiscal policy as they aim to put government finances on a more secure footing following the pandemic. One exception to this is Thailand, which this week... 21st June 2024 · 6 mins read
Asia Economic Outlook Policy easing to begin soon We expect economic growth in most countries in Asia to slow in the second half of 2024, as tighter fiscal policy, high interest rates and weaker global growth all weigh on demand. Inflation is back to... 20th June 2024 · 28 mins read
Emerging Markets Economics Chart Pack Emerging Markets Chart Pack (June 2024) After a strong start to the year, aggregate EM GDP growth will slow over the coming quarters. Within this there will be regional variation, with Emerging Asia the outperformer and Latin America the... 20th June 2024 · 1 min read
