Asia Economics Focus Sharp falls in inflation ahead, policymakers turn dovish Inflation looks to have peaked across Emerging Asia, and is likely to fall back more sharply than most analysts expect over the coming year as fuel price inflation drops, the disruption from the... 26th January 2023 · 10 mins read
Asia Data Response Philippines GDP (Q4) Growth slowed in Q4 and we expect the economy to weaken further over the coming quarters against a backdrop of weak global demand, high interest rates and elevated inflation. 26th January 2023 · 2 mins read
Asia Data Response Korea GDP (Q4) Economic output fell in the final quarter of 2022, and we think the economy will continue to struggle over the coming year as high interest rates and weak overseas demand weigh on prospects. Our 2023... 26th January 2023 · 3 mins read
China Economics Update Lifting the official retirement age is not the answer The contraction in China’s population has triggered renewed discussion of what the government could do to counter the demographic drag. One popular suggestion is to lift China’s statutory retirement... 25th January 2023 · 4 mins read
Asia Economics Update Thailand: tightening cycle not over yet The Bank of Thailand hiked interest rates today by a further 25bps (to 1.50%), and hinted that more rate hikes were likely in the near term amid worries about rising underlying price pressures. We... 25th January 2023 · 3 mins read
Asia Economics Update Sri Lanka: Rates likely to stay unchanged in 2023 Sri Lanka’s central bank (CBSL) kept interest rates unchanged today, and we expect it to leave rates on hold for the rest of the year as it aims to strike a fine balance between supporting a... 25th January 2023 · 3 mins read
Asia Economics Update Pakistan: further tightening on the cards Pakistan’s central bank (SBP) raised its policy rate today by a further 100bps (to 17.0%), and we expect more tightening over the coming months amid concerns about high inflation and the worsening... 23rd January 2023 · 3 mins read
Asia Economics Weekly Rebounding won, Vietnam politics, dovish surprises The rebound in the won is unlikely to be welcomed by the country’s struggling exporters, but will come as a relief to the Bank of Korea, which had become worried that higher import prices would keep... 20th January 2023 · 12 mins read
Event Asia Drop-In: The latest on China’s reopening, Asian monetary policy, and markets 1674720000 China’s shift from zero-COVID is the big Asia story of the moment and our economists gave an update on what this means for the region’s growth outlook, including how quickly outbound tourism is rec
Asia Economics Update Indonesia: Tightening cycle over Bank Indonesia (BI) today raised interest rates by a further 25bps (to 5.75%) but also appeared to signal there would be no further rate increases this year. We are changing our forecast in response... 19th January 2023 · 3 mins read
Asia Economics Update Malaysia: Rates on hold, tightening cycle likely over Malaysia’s central bank (BNM) unexpectedly left its main policy rate unchanged today (at 2.75%), but appeared to leave open the possibility of further rate hikes later in the year. However, with... 19th January 2023 · 3 mins read
