Asia Data Response Indonesia GDP (Q3) Indonesia’s growth slowed to 5.0% y/y in Q3 from 5.2% in the previous quarter. While we don’t expect growth to weaken any further, with fiscal and monetary policy unlikely to provide much more support... 7th November 2016 · 1 min read
India Data Response Manufacturing PMI (Oct.) India’s manufacturing PMI rose in October to its highest reading in almost two years, with sentiment being boosted by progress on the reform front and the RBI’s surprise rate cut last month... 7th November 2016 · 1 min read
Asia Economics Weekly Can Chinese investment lift growth in Pakistan? The China-Pakistan Economic Corridor is aimed at addressing Pakistan’s perennial problems with power supply, and has been hailed by some, including the prime minister, as a game changer for the... 4th November 2016 · 1 min read
India Economics Update GST begins to take shape Confirmation that a consensus has been reached on the various rates of the new Good and Services Tax (GST) marks another important step towards its implementation. A multi-tiered GST is far from... 4th November 2016 · 1 min read
Asia Economics Focus Household debt mountain to weigh on Asian consumers A surge in household borrowing has provided a key support to economic growth across large parts of Emerging Asia over the past few years. Worst case scenarios of a financial crisis are unlikely to... 3rd November 2016 · 1 min read
India Economics Update Government likely to miss privatisation target With more than half of the fiscal year over, the government’s aim of raising nearly INR600bn through asset sales of various state-owned companies looks unrealistic. Faced with a number of state... 2nd November 2016 · 1 min read
Emerging Markets Economics Update EM manufacturing makes a strong start to Q4 Manufacturing in the emerging world was at its strongest in more than two years in October, according to the latest PMI surveys, with all the major EM economies seeing a substantial pick-up in the... 1st November 2016 · 1 min read
Asia Data Response Manufacturing PMIs (Oct.) Manufacturing conditions in Emerging Asia were lacklustre in October. Focusing on the two economies where the PMIs most closely track the hard data, there are further signs of improvement in Taiwan’s... 1st November 2016 · 1 min read
Asia Economics Update Markets in Thailand regain their poise Manufacturing conditions in Emerging Asia were lacklustre in October. Focusing on the two economies where the PMIs most closely track the hard data, there are further signs of improvement in Taiwan’s... 31st October 2016 · 1 min read
Asia Economics Update Rate left on hold in Sri Lanka, but further hikes likely Mexico’s economy grew by an impressive 1.0% q/q in Q3, the strongest rate since 2014. However, with growth being driven largely by the services sector and monetary policy set to tighten further, such... 31st October 2016 · 1 min read
Asia Economics Update Korean scandal a blow for the president, but not the economy The corruption scandal which has engulfed Korea over the weekend is a major blow to the authority of President Park Geun-hye. The economic impact, however, is likely to prove quite small. 31st October 2016 · 1 min read
Frontier Markets Wrap Saudi devaluation fears fade, African oil currencies struggle Saudi Arabia’s successful international bond sale earlier this month has eased concerns about the sustainability of its currency peg, but exchange rates in other frontier oil exporters remain in the... 31st October 2016 · 1 min read
Asia Chart Pack Exports record first positive growth in two years The dollar value of exports from Emerging Asia (excluding China) grew in August by 3.1% y/y – the first expansion in nearly two years. The recent improvement in export performance owes more to the... 28th October 2016 · 1 min read
Emerging Markets Activity Monitor EM growth accelerates on back of China pick-up Our GDP Tracker suggests that, having stalled in July, the EM recovery has since resumed. This is due in large part to a pick-up in growth in China. In contrast, the latest data from Brazil have... 28th October 2016 · 1 min read
Asia Economics Weekly Political risk on the rise in South East Asia There is little sign that the death of the King of Thailand or the increasingly erratic behaviour of President Duterte of the Philippines is, so far at least, having much of an impact on the economy... 28th October 2016 · 1 min read
India Economics Update Revisiting the NPL problem Another sharp rise in the non-performing loan (NPL) ratio in Q2 and recent stark warnings from the IMF have refocussed attention on India’s ailing banking sector. The Reserve Bank of India (RBI) has... 28th October 2016 · 1 min read
