Asia Economic Outlook Tightening cycles to be short lived as headwinds grow Further interest rate hikes are likely across the region in the near term, and we have raised some of our year-end forecasts to reflect growing concern among the region’s policymakers about inflation... 20th July 2022 · 34 mins read
Asia Data Response Manufacturing PMIs, Korea Trade, Indonesia CPI Manufacturing PMIs for June fell back mainly due to the weakness of external demand. We think weaker global growth will remain a drag on exports over the coming months and that the region’s industrial... 1st July 2022 · 2 mins read
Asia Economics Update Vietnam: on the mend Economic growth in Vietnam accelerated in the second quarter of the year, thanks mainly to a reopening boost and continued strong export demand. We expect the recovery to continue over the coming... 29th June 2022 · 2 mins read
Asia Chart Pack Thai economy to receive tourism boost After more than two years in the doldrums, Thailand’s tourism sector is finally showing signs of life. Arrivals in May reached 520,000 – a 77% increase from the previous month and 19% of the level... 27th June 2022 · 14 mins read
Asia Chart Pack Pakistan edges closer to IMF deal Talks between Pakistan and the IMF ended last week without agreement, but the subsequent decision by the government to cut back fuel subsidies has cleared one of the major hurdles towards a deal being... 30th May 2022 · 15 mins read
Frontier Markets Wrap Three positive stories from frontier markets There has been plenty of doom and gloom surrounding the outlook for frontier economies over recent months, particularly Sri Lanka and Tunisia. But there are some places where we hold more upbeat views... 12th May 2022 · 3 mins read
Asia Chart Pack Tightening cycles to be gradual Central banks across the region have recently turned more hawkish. Over the past month or so, policymakers in Korea, Taiwan, Singapore, Sri Lanka, India and Pakistan have all tightened policy... 29th April 2022 · 14 mins read
Asia Economic Outlook New headwinds emerge Our GDP growth forecasts are generally above the consensus, but with higher commodity prices and weaker global demand set to weigh on economic recoveries, growth across much of Emerging Asia will be... 28th April 2022 · 35 mins read
Asia Economics Update China COVID outbreak a large risk for the rest of Asia So far, the spill overs from the COVID outbreak in China to the rest of Asia look to have been relatively minor. But the possibility of major disruption to supply chains remains a large and growing... 6th April 2022 · 3 mins read
Asia Data Response Manufacturing PMIs, Korea Trade (Mar.) While Korean trade data show exports remained buoyant, regional Manufacturing PMIs point to lost momentum. With headwinds to export-focussed industry mounting, there are tougher times ahead. 1st April 2022 · 3 mins read
Asia Chart Pack Omicron recedes, but other headwinds emerge Successful vaccination campaigns allowed governments to keep economies open during the recent Omicron waves, and our Mobility Trackers suggest that activity held up much better than we had originally... 29th March 2022 · 15 mins read
Asia Data Response Vietnam GDP (Q1) Vietnam’s economy recorded solid growth in the first quarter of the year as the economy brushed off the impact of the Omicron wave, but while we expect the recovery to continue over the coming months... 29th March 2022 · 2 mins read
Asia Economics Weekly More dovish signals from South East Asia Dovish comments from policymakers over the past week support our view that central banks in South East Asia will buck the trend of global tightening and leave interest rates unchanged over the coming... 25th March 2022 · 7 mins read
Asia Data Response Manufacturing PMIs, Korea Trade (Feb.) February Manufacturing PMIs and Korean trade data show that regional industry had another strong month. This should offset some of the Omicron-related weakness in service sectors this quarter. 1st March 2022 · 2 mins read
Asia Chart Pack How will central banks respond to rising oil prices? The recent jump in oil prices poses a significant upside risk to our inflation and interest rate forecasts for this year. Central banks would normally “look through” a one-off jump in the price level... 28th February 2022 · 14 mins read
Asia Data Response Manufacturing PMIs (Jan.) January Manufacturing PMIs suggest that regional industry remains in rude health after a very strong end to last year. While there are signs that producers are having some success in tackling large... 3rd February 2022 · 2 mins read
