Manufacturing PMIs (Aug.)

Falling output indices in Korea and Taiwan suggest that the virus disruption in South East Asia is reverberating across the region. The end of supply chain shortages continues to slip further out of sight.
Alex Holmes Emerging Asia Economist
Continue reading

More from Emerging Asia

Emerging Asia Economics Weekly

Inflation exacerbates economic crisis in Sri Lanka

The economic situation in Sri Lanka is going from bad to worse, with a surge in inflation undermining the credibility of the central bank (CBSL) and making a debt default all the more likely.

3 December 2021

Emerging Asia Economics Update

How big a threat is Omicron to Asia?

Asian economies, like those elsewhere, have adapted to living with COVID-19 restrictions so that the impact of any tightening would be smaller than it was last year. And unlike in many EMs, there is still room for fiscal and monetary policy to be loosened if prospects took a turn for the worse. Asian exporters could also benefit if a new wave of global infections led to increased demand for consumer goods.

2 December 2021

Emerging Asia Economics Update

South East Asia rebounding, but disruption set to linger

Disruption to industrial activity across South East Asia has eased considerably in the past few weeks, helping to relax global supply constraints, especially in the automotive sector. However, a renewed surge in COVID infections in Vietnam deserves close attention. Drop-In: India – How much scarring will the pandemic leave? 10:00 ET/15:00 GMT, Wednesday 1st December https://event.on24.com/wcc/r/3535749/63CC51718846E8FF3D871827AC84AF1E?partnerref=report Drop-In: Why is Asia sitting out the global inflation surge? 09:00 GMT/17:00 HKT, Thursday 2nd December https://event.on24.com/wcc/r/3546145/A9D34EF592141BEFCAC819ADB40359D5?partnerref=report

1 December 2021

More from Alex Holmes

Emerging Asia Economics Weekly

South East Asia: hit from Delta will be slow to fade

There are some signs that the Delta outbreak battering South East Asia is at least past its worst. But a rapid turnaround in the region’s economic fortunes looks unlikely.

27 August 2021

Emerging Asia Economics Update

Bank of Korea to continue tightening into 2022

We were among the first forecasters to call that the Bank of Korea (BoK) would begin tightening monetary policy this year and it duly delivered today, raising the policy rate by 25bps to 0.75%. Given the hawkish comments in the press conference, we now think the next hike will come in November. And we expect the tightening cycle to continue well into 2022.

   

26 August 2021

Emerging Asia Data Response

Korea Trade (1st - 20th August)

Korean export values look set to hold steady at elevated levels in August. With few signs of a drag from virus disruptions, the levelling off in exports probably instead reflects a plateau in final demand.

23 August 2021
↑ Back to top