Asia Economics Update February PMIs show continued weakness The February PMIs for emerging Asia were weak, with little sign of upward momentum across the region. Despite policy easing at home, the uncertain outlook for the developed world means Asia’s... 1st March 2013 · 1 min read
Asia Economics Update India's budget: further deficit reduction tough to achieve Today’s budget statement reveals that India’s central government has been able to lower its fiscal deficit from 5.7% of GDP a year ago to 5.2% in the current fiscal year. It appears determined to go... 28th February 2013 · 1 min read
Asia Chart Pack Regional recovery continues Economic activity across emerging Asia is showing further signs of recovery. Growth has been strongest in South East Asia, where domestic demand has continued to shrug off the impact of weak exports... 28th February 2013 · 1 min read
Asia Economics Weekly India's budget: A test of policy credibility Following a year in which India’s growth weakened, external deficit widened, and sovereign ratings came under pressure, the upcoming budget will be a crucial test of the government’s policy... 25th February 2013 · 1 min read
Asia Economics Update Fall in Indian inflation not enough to prompt further rate cuts Wholesale price inflation in India fell more than expected in January, to 6.6%. But with consumer price inflation rising to 10.8% and the current account deficit heading for a record high this year... 14th February 2013 · 1 min read
Asia Economics Update January PMIs suggest industry faltering The January PMIs for emerging Asia were disappointing. Improving global sentiment should provide a small boost to Asian industry in coming months, but conditions overall are likely to remain weak. 1st February 2013 · 1 min read
Asia Economics Update India's stubborn inflation limits room for further loosening The Reserve Bank of India (RBI) met expectations that it would cut its key policy rate today. However, the accompanying policy statement suggests there may be only limited further policy loosening... 29th January 2013 · 1 min read
Asia Economic Outlook Gathering momentum? Asian growth looks to have picked up late last year and is likely to fare well in the near term. However, growth in 2013-14 is unlikely to be strong due to lacklustre external demand and structural... 17th January 2013 · 1 min read
Asia Economics Update Latest data support case for rate cut in India India’s growth rate, rather than rebounding as many hoped, may be stabilising at a low level. But the latest fall in underlying inflation does at least provide a green light for the central bank to... 14th January 2013 · 1 min read
Asia Economics Update Manufacturing in Asia improves, sustained recovery unlikely The December PMIs showed further signs of improvement for Asia’s manufacturers. However, conditions overall remain weak. An improvement in global sentiment should give a boost to manufacturing sectors... 2nd January 2013 · 1 min read
Asia Chart Pack Signs growth has bottomed out in Q4 Data for the past couple of months suggest that GDP growth has picked up slightly in the fourth quarter. Nevertheless, growth still remains weak by historical standards. Subdued global demand will... 19th December 2012 · 1 min read
Asia Economics Update India's central bank signals rate cut in early 2013 The Reserve Bank of India had already flagged that it was likely to leave rates unchanged today, at 8.0%. Of more interest was the accompanying statement which points to a rate cut in early 2013 and... 18th December 2012 · 1 min read
China Economics Update The US fiscal cliff: implications for Asia The nightmare scenario of the US Congress failing to reach a deal on the fiscal cliff would see growth in Asia’s most trade-dependent countries slow by up to 1 percentage point in 2013. 17th December 2012 · 1 min read
Asia Economics Update Reforms needed to prevent rise in India's public debt ratio A combination of rapid economic growth and low bond yields has resulted in a gradual decline in India’s public debt ratio since 2003. But the debt ratio will rise again in the coming years if the... 13th December 2012 · 1 min read
Asia Economics Update Manufacturing stabilises, but sustained pick-up unlikely ahead Today’s PMIs suggest that conditions within most of Asia’s manufacturing sectors either stabilised or strengthened in November. While conditions could improve further over the next few months, we... 3rd December 2012 · 1 min read
Asia Economics Weekly Asian currencies undervalued, but still set to weaken Most currencies in Asia look undervalued. However, it would be wrong to conclude that Asia’s currencies are set for rapid appreciation. In 2013, we think an escalation in the euro-zone crisis will... 3rd December 2012 · 1 min read
