Asia Economics Weekly Korean consumers facing major headwinds Consumer spending in Korea looks to have held up well recently, but this looks set to change as higher inflation and rising interest rates start to drag on confidence. And with exports set to drop... 21st October 2022 · 7 mins read
Event Asia Drop-In: China’s Congress, more yen weakness, hawkish central banks and more 1666857600 Economists from across our Asia teams were online for this 20-minute briefing on the region’s big investment stories.
Asia Economics Update Korea: tightening cycle nearing an end We are resending this publication due to an error in the previous email. We apologise for any inconvenience caused. The decision by the Bank of Korea to raise its policy rate by a further 50bp (to 3.0... 12th October 2022 · 3 mins read
Asia Economics Weekly Bank of Korea: 25bp or 50bp hike? The consensus is expecting the Bank of Korea (BoK) to increase its policy rate by 50bp at its scheduled meeting on Wednesday. But with the economy slowing sharply, we think a 25bp hike is more likely. 7th October 2022 · 5 mins read
Asia Economics Update Korea: inflation to fall back more sharply in 2023 Continued worries about inflation mean the central bank (BoK) in Korea still has further work to do, and we are sticking with our view that the BoK will raise interest rates by at least 50bp between... 5th October 2022 · 2 mins read
Asia Data Response Manufacturing PMIs, Korea Trade, Indonesia CPI Manufacturing PMIs across the region were downbeat in September, as new export orders declined again. We expect conditions to remain subdued, as weaker global demand, high inflation and tighter... 3rd October 2022 · 2 mins read
Asia Economics Weekly Worries over weak won, slow recovery in Sri Lanka The continued weakness of the Korean won, which has fallen 15% against the US dollar since the start of the year, has become a growing concern for policymakers and is another reason to think the... 16th September 2022 · 8 mins read
Asia Economics Weekly Korea: slowing growth bigger concern than inflation Inflation and activity data published over the past few days have surprised to the downside, supporting our view that Korea’s tightening cycle will finish by the end of the year. 2nd September 2022 · 6 mins read
Asia Data Response Manufacturing PMIs, Korea Trade, Indonesia CPI Manufacturing PMIs across Asia fell back again in August, with the readings for Taiwan and Korea especially weak. We are not expecting any improvement over the coming months, with weaker global demand... 1st September 2022 · 2 mins read
Asia Economics Update Korea: tightening cycle to finish by end-year The Bank of Korea today raised its main policy rate by 25bp (to 2.5%) and signaled further hikes in the months ahead. However, with the central bank becoming more concerned about economic growth and... 25th August 2022 · 3 mins read
Asia Economics Weekly Bank of Korea: tightening cycle to finish by year-end With inflation at a 24-year high, the Bank of Korea (BoK) looks certain to raise interest rates again at its meeting on Thursday. We have pencilled in another 25bp hike, which would take the policy... 19th August 2022 · 6 mins read
Asia Economics Weekly Better news on inflation, as growth disappoints The recent national accounts data show most countries experienced a difficult second quarter. However, there was some more encouraging news on inflation – which already appears to have peaked in a few... 12th August 2022 · 6 mins read
Asia Data Response Manufacturing PMIs, Korea Trade, Indonesia CPI Manufacturing PMIs for July fell back amid further signs that global demand is weakening. With global growth set to slow further and domestic interest rates set to continue rising, the region’s... 1st August 2022 · 2 mins read
