Emerging Asia Economics Weekly

BSP on a knife edge, Pakistan inflation worries

The scheduled highlights of the coming week are monetary policy meetings in Indonesia, Taiwan and the Philippines. While Indonesia and Taiwan are very likely to leave policy settings unchanged, the...

Emerging Asia Economics Weekly

Bad news on inflation

Headline inflation across Emerging Asia jumped last month due to a rise in food and fuel price inflation. We have raised our inflation forecasts for a number of countries to reflect the deterioration...

Emerging Asia Economics Update

Manufacturing PMIs & Korea Trade (August.)

Manufacturing PMIs across most of Emerging Asia stood well inside contractionary territory in August. Weak foreign goods demand, elevated interest rates at home and bloated inventory levels suggest...

Emerging Asia Economics Update

Philippines: rate cuts unlikely before 2024

The central bank (BSP) in the Philippines today left interest rates unchanged for a third consecutive meeting and, although the economy weakened markedly in Q2 and inflation is nearly back to target...

Emerging Asia Rapid Response

Philippines Monetary Policy Meeting (August)

Emerging Asia Economics Update

Higher food prices pose risk to disinflation process

Inflation across Emerging Asia should continue to decline over the coming months. However, the risks are to the upside amid uncertainty over the outlook for food prices. And while we are sticking with...

Emerging Asia Rapid Response

Philippines GDP (Q2)

The economy contracted in Q2 and we expect continued weakness in the near-term as elevated interest rates and weak global demand weigh on economic output in the Philippines.

Emerging Asia Economics Weekly

BSP in no rush to cut, Indonesia’s dodgy GDP data

Headline inflation in the Philippines fell sharply last month, but with the core rate still elevated and worries about the inflationary impact of El Niño rising, the central bank (BSP) is in no rush...

Emerging Asia Economics Update

Manufacturing PMIs & Korea Trade (July.)

Manufacturing PMIs remained in contractionary territory across most of Emerging Asia last month and the underlying data point to further weakness ahead. Falling new orders, bleak employment prospects...

Emerging Asia Economics Update

Manufacturing PMIs & Korea Trade (June.)

Manufacturing PMIs declined across most of Emerging Asia and the underlying data point to further weakness ahead. Falling new orders and elevated inventory levels are likely to continue to weigh on...

Capital Daily

Reading the monetary tea leaves for clues on bonds

A disparate range of global central banks have delivered their latest policy rate verdicts over the past 24 hours. We think there are four key points for investors to note.

Emerging Asia Economic Outlook

Slower growth, falling inflation and interest rate cuts

GDP growth has slowed sharply across most of Emerging Asia since the middle of last year and looks set to remain weak over the coming quarters, as tight monetary policy at home and subdued activity...

Philippines Monetary Policy Meeting (June)

Emerging Asia Economics Weekly

Thai inflation below target, tourism rebound continues

Inflation in Thailand fell back sharply last month and is now below the central bank’s target, further supporting our view that the BoT’s tightening cycle is now over. Tourism across Asia has...

Emerging Asia Data Response

Manufacturing PMIs & Korea Trade (May.)

Manufacturing PMIs declined in most countries in Emerging Asia. Weak demand and elevated inventory levels are likely to continue to weigh on manufacturing output in Asia over the coming quarters.