Asia Rapid Response Indonesia GDP (Q2, 2024) The national accounts data released today suggest that economic growth remained broadly stable last quarter, but we don’t have much faith in the official data. With economic activity set to weaken in... 5th August 2024 · 2 mins read
Asia Economics Weekly Korea: contraction in Q2, weak H2 Second quarter GDP figures for Korea, due to be published next week, are likely to show the economy contracted last quarter. Growth in the second half of the year is also likely to struggle, with weak... 19th July 2024 · 6 mins read
Asia Rapid Response Indonesia Policy Rate (July 2024) Bank Indonesia today left its policy rate unchanged at 6.25%, but the central bank’s dovish commentary supports our view that rates will be cut in Q4. Today’s decision was correctly predicted by all... 17th July 2024 · 2 mins read
Asia Economics Weekly Korea: assessing the impact of the strike at Samsung Even if the strike by workers at Samsung Electronics is brought to an end soon, it has served to highlight once again the inflexibility of Korea’s labour market and the poor state of industrial... 12th July 2024 · 7 mins read
Asia Economics Update What next for the Indonesian rupiah? A narrowing of the current account deficit and a decline in the share of government bonds held by non-residents means the rupiah is much less exposed to sudden shifts in global risk appetite than in... 11th July 2024 · 2 mins read
Asia Economics Focus Will Indonesia breach its budget deficit limit? The recent rise in public spending and fall in revenues has sent the Indonesian government’s budget deficit veering towards the constitutional 3% of GDP limit. And it’s unclear how the president-elect... 10th July 2024 · 9 mins read
Asia Economics Update La Niña poses downside risks to inflation in SE Asia A La Niña could bring with it favourable growing conditions for crops in South East Asia, and help to put downward pressure on food prices across the region. It adds to the reasons to think the... 8th July 2024 · 3 mins read
Asia Economics Weekly Indonesia puts tariffs on China, rebound in Vietnam Indonesia has become the latest country in Asia to announce measures to stem the flow of cheap imports from China. But while the tariffs may help Indonesian producers maintain market share at home... 5th July 2024 · 8 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
Asia Rapid Response Indonesia Policy Rate (June 2024) Bank Indonesia today left interest rates unchanged (at 6.25%), but hinted at possible rate cuts later in the year, provided that the rupiah stabilises against the US dollar. The central bank’s dovish... 20th June 2024 · 2 mins read
Asia Economics Weekly Malaysia subsidy cuts, BoK minutes, Pakistan budget Headline inflation in Malaysia has been among the lowest in Asia but that is soon set to change now that the government is pushing ahead with long-planned subsidy cuts aimed at improving the public... 14th June 2024 · 6 mins read
Asia Chart Pack Emerging Asia Chart Pack (May 2024) Headline inflation across most of Emerging Asia is now either below or only slightly above central bank targets. Nevertheless, policymakers have struck a slightly more hawkish tone recently due to... 30th May 2024 · 1 min read
Asia Economics Weekly BI on hold, new leaders, Biden tariffs The recent recovery in the rupiah means Bank Indonesia is unlikely to follow up April’s surprise hike with another interest rate increase when it meets on Wednesday. Meanwhile, Korea could prove to be... 17th May 2024 · 8 mins read
Asia Rapid Response Indonesia GDP (Q1 2024) The national accounts data released today suggest that economic growth in Indonesia remained broadly stable last quarter, but we don’t have much faith in the official data. With economic activity... 6th May 2024 · 2 mins read
