Emerging Markets Economics Update EM manufacturers end 2021 on a solid footing December’s PMIs suggest that EM manufacturers ended last year on a firm note, with headline indices rising in much of Emerging Europe and Emerging Asia. Encouragingly, input and output price... 4th January 2022 · 2 mins read
Asia Economics Update Industry momentum strong going into 2022 Manufacturing PMIs and timely trade data reveal that Asia’s export-focussed industry gained momentum at the turn of the year. While the Omicron variant presents a key threat to the outlook, it is... 4th January 2022 · 2 mins read
Asia Chart Pack What Omicron means for monetary policy in Asia Most countries in Emerging Asia have now recorded cases of Omicron, and the experience from elsewhere in the world suggests that it is only a matter of time before there is widespread community... 22nd December 2021 · 14 mins read
Asia Economics Weekly Asia will not follow the Fed Domestic factors, rather than the actions of the US Federal Reserve, will determine what happens to monetary policy across Asia over the coming year. – This will be the last Economics Weekly for 2021... 17th December 2021 · 8 mins read
Asia Economics Update South East Asia rebounding, but disruption set to linger Disruption to industrial activity across South East Asia has eased considerably in the past few weeks, helping to relax global supply constraints, especially in the automotive sector. However, a... 1st December 2021 · 2 mins read
Emerging Markets Economics Update The Omicron variant and the threat to EMs There’s a lot that we don’t know about the new Omicron variant. But if it proves more virulent, the economic fallout would probably be largest in EMs in parts of Africa and South and South East Asia... 29th November 2021 · 4 mins read
Asia Chart Pack Omicron fears stall plans to reopen borders Amid all the uncertainty caused by the arrival of Omicron, one thing we can say with some conviction is that the new variant is further bad news for the region’s beleaguered tourism industry. Up until... 29th November 2021 · 15 mins read
Asia Economics Weekly Recent rate hikes not the start of a trend Attention over the past week has been on the region’s more hawkish central banks, following rate hikes in Korea and Pakistan. Both countries, along with Sri Lanka (which unexpectedly left rates... 26th November 2021 · 6 mins read
Emerging Markets Economics Focus Why is inflation different in Asia? Inflation hasn’t emerged as a concern across Emerging Asia in the same way it has in the rest of the emerging world, in part because food price inflation in Asia is much lower, but also because the... 22nd November 2021 · 10 mins read
Asia Economics Update Export orders dip, but shortages will persist Taiwan export orders dropped back in October, but the big picture is that they are down only slightly over the past few months and remain at an elevated level. Looking ahead, we expect demand to... 22nd November 2021 · 2 mins read
Asia Economics Weekly Vaccine progress, external turnaround in Indonesia After a slow start, countries across South East Asia are now making encouraging progress with vaccine rollouts. The rise in coverage should reduce the need for further lockdowns and set the stage for... 19th November 2021 · 9 mins read
Asia Economics Weekly South East Asia disruption eases, Sri Lanka in peril Recent data from Malaysia and Vietnam suggest that virus-related disruption is continuing to ease. This should help alleviate some of the supply constraints currently holding back growth elsewhere in... 12th November 2021 · 8 mins read
Asia Data Response Malaysia GDP (Q3) Malaysia’s economy shrank further in Q3 but was already rebounding sharply by the end of the quarter. with vaccinations high, virus cases down and restrictions being eased, this rebound will continue... 12th November 2021 · 3 mins read
Asia Economics Weekly The end of king coal, Korea inflation worries If the ambitious targets laid down by the 2015 Paris Agreement are to be met, then global coal consumption will need to fall sharply and eventually be eliminated. This poses a huge challenge for many... 5th November 2021 · 7 mins read
Asia Economics Update Malaysia: rates on hold throughout 2022 Bank Negara Malaysia (BNM) left its main policy rate unchanged at 1.75% today, and with inflation set to remain subdued, rates are likely to stay on hold at their current all-time low throughout next... 3rd November 2021 · 3 mins read
Asia Economics Update Will Asian exporters continue to defy gravity? Asian exports have continued to grow rapidly despite the recent disruption stemming from lockdowns in South East Asia. A huge backlog of orders and low inventory levels in advanced economies mean that... 2nd November 2021 · 3 mins read
