Asia Economics Weekly What's driving the surge in India's exports? The strength of the recent surge in India’s exports is partly a result of the rise in prices of commodities, and particularly metals. As such, we expect export growth to moderate in the coming months... 28th June 2011 · 1 min read
Asia Economics Update Reserve Bank of India hikes again, but not for last time The Reserve Bank of India’s (RBI) decision to raise its repo rate by 25bp to 7.5% from today was widely expected following the further rise in inflation in May. We now expect inflation to peak at... 17th June 2011 · 1 min read
Asia Economics Update India's growth is set to ease further, but only temporarily GDP numbers released today show that growth in India eased slightly in Q1 2011. We expect it to fall further in the first six months of this financial year, which runs from April 2011 to March 2012... 31st May 2011 · 1 min read
Asia Economics Update Latest data keeps pressure on Reserve Bank of India Headline inflation fell slightly in April but is likely to rise again in the coming few months. Meanwhile, indicators of activity suggest economic growth in India is still rapid. The upshot is that we... 16th May 2011 · 1 min read
Asia Economics Update Reserve Bank of India accelerates rate hikes The Reserve Bank of India surprised the markets with a 50bp hike to the repo rate to 7.25% today, whereas both we and the consensus had expected 25bp. The accompanying annual Monetary Policy Statement... 3rd May 2011 · 1 min read
Asia Economics Update Reserve Bank of India accelerates rate hikes The Reserve Bank of India surprised the markets with a 50bp hike to the repo rate to 7.25% today, whereas both we and the consensus had expected 25bp. The accompanying annual Monetary Policy Statement... 3rd May 2011 · 1 min read
Asia Economics Update Another jump in Indian inflation confirms case for rate hikes Inflation data released today strengthen the case for the Reserve Bank of India (RBI) to continue raising rates. We expect the repo rate to be hiked in May, followed by even more tightening this year. 15th April 2011 · 1 min read
Asia Economics Update Asia's manufacturing growth slow Manufacturing PMIs for March, released overnight and today, remained buoyant for India, but declined in Korea, Taiwan and dropped even more sharply in Australia. New export orders accelerated for both... 1st April 2011 · 1 min read
Asia Economics Weekly India and Indonesia central banks will continue to hike Mostcentral banks across the region will continue tightening policy settings thisyear, although the pace of policy normalisation will vary between countries. Wecompare the policy outlook for the... 28th March 2011 · 1 min read
Asia Economics Update Reserve Bank raises rates as core inflation rises The Reserve Bank of India (RBI) hiked the repo rate by 25bp to 6.75% today, as expected. In response to the RBI’s concerns about core inflation, we have revised our rate hike expectations upwards to 7... 17th March 2011 · 1 min read
Asia Economics Weekly India to raise repo rate despite falling inflation We expect the Reserve Bank of India (RBI) to hikes its key policy rates on Thursday. However, the spike in food prices appears to be unwinding, while recent activity figures have been weak. These... 14th March 2011 · 1 min read
Asia Economics Update India's budget targets look hard to achieve The Indian budget, passed today, aims to bring the deficit down to 4.6% of GDP in 2011/12. We judge that this will be difficult to achieve, primarily because the planned expenditure reduction looks... 28th February 2011 · 1 min read
Asia Economic Outlook Set for above-trend growth GDP growth across Emerging Asia has slowed, but is likely to pick up again soon. Domestic demand, trade between the emerging markets, as well as policy flexibility, will cushion the downside... 22nd February 2011 · 1 min read
Asia Economics Update India's inflation still warrants further tightening Yesterday’s wholesale prices data show headline inflation is falling. But inflation remains too high for comfort so we continue to expect the Reserve Bank (RBI) to raise rates by a further 50bp by mid... 15th February 2011 · 1 min read
Asia Economics Update India stocks still look good for the long term Indian equities have fallen sharply since mid-November and the pain will probably continue for a few more months yet. Nevertheless, we anticipate that the Reserve Bank’s monetary policy tightening... 10th February 2011 · 1 min read
Asia Economics Update India's Reserve Bank still has more work to do The central bank in India (RBI) today hiked the repo rate by 25bp to 6.5%, as was expected. In addition, the RBI adopted an unequivocally hawkish stance. High inflation, particularly when led by food... 25th January 2011 · 1 min read
