Asia Economics Weekly Tighter fiscal policy in Malaysia , BoK on hold again Malaysia’s budget for 2024, which was unveiled in parliament today, envisages a modest tightening of fiscal policy. Tighter policy will weigh on an economy which is already being hit hard by the slump... 13th October 2023 · 6 mins read
Event China Drop-In: Q3 data dump and the economic and policy outlook 1697616000 Economists from our China and financial markets teams held an online briefing about the Q3 economic data release and outlook for the Chinese economy and markets.
China Economics Weekly China’s AI chip challenge The US government appears to be about to tighten the controls that it brought in a year ago on China's access to cutting-edge chips. One consequence will be that Chinese firms will find it harder to... 13th October 2023 · 7 mins read
India Economics Weekly Investment growth shows signs of softening Investment growth held up well in the first half of the year but there are signs that it is entering a softer patch. Meanwhile, despite the encouraging inflation data from September, the RBI is... 13th October 2023 · 3 mins read
China Rapid Response Bank Lending & Broad Credit (Sep.) After slowing sharply in Q2, broad credit growth edged up in August and held steady last month. Although a sharp rebound seems unlikely, we do think credit growth could pick up somewhat over the... 13th October 2023 · 3 mins read
Japan Economics Weekly Above-trend growth won’t be sustained The savings rate bounced back in Q2 as consumption fell and remains above its pre-pandemic average, leaving scope for a renewed rise in spending over the coming quarters. And with inflation set to... 13th October 2023 · 6 mins read
Australia & New Zealand Economics Weekly New Zealand elections won’t usher in major changes Opinion polls in the run up to tomorrow’s general election in New Zealand suggest that the centre-right National party is in pole position to wrest power from the incumbent, centre-left Labour party... 13th October 2023 · 6 mins read
China Rapid Response Merchandise Trade (Sep.) China’s export values continued to contract year-on-year in September. But to the extent that foreign demand has cooled recently, it is being reflected in export prices rather than export volumes... 13th October 2023 · 2 mins read
China Rapid Response Consumer & Producer Prices (Sep.) PPI deflation continued to ease in September. CPI inflation edged down, but core inflation remained at a six-month high, with services inflation staying at its highest in 19 months. We expect... 13th October 2023 · 3 mins read
Asia Rapid Response Singapore Monetary Policy Announcement, Q3 GDP (Adv) The Monetary Authority of Singapore (MAS) kept monetary policy settings unchanged today which was in line with both our and consensus expectations. While another hold is likely in January, further... 13th October 2023 · 7 mins read
China Economics Update Industry no offset for slump in property credit demand An increase in lending to other parts of China’s economy has provided a counter-balance to the slump in credit demand that was triggered by the property crisis, but still only a partial one. 12th October 2023 · 4 mins read
India Rapid Response Consumer Prices (Sep.) & Industrial Production (Aug.) Headline consumer price inflation dropped back sharply to within the RBI’s 2-6% target range in September. But the central bank is unlikely to shift away from its hawkish rhetoric for as long as there... 12th October 2023 · 2 mins read
China Economics Update Why is China’s commodities demand so strong? China’s recent commodity demand has been stronger than might have been expected given the weakness of its economy and commodity-intensive property sector in particular. This partly reflects a step-up... 12th October 2023 · 5 mins read
Australia & New Zealand Economics Update The impact of net migration on Australia’s economy Most of the recent surge in net migration has been driven by the increased arrival of foreign students, who generally spend less, work fewer hours and demand less housing than the average Australian... 12th October 2023 · 4 mins read
Asia Economics Update Renewed inflation worries unlikely to trigger rate hikes Headline inflation has jumped across much of Emerging Asia over the past couple of months on the back of rises in food and fuel prices. This won’t prompt central banks to resume tightening (the... 11th October 2023 · 3 mins read
