Asia week ahead: Key data on Australia, China, India, Japan, Korea, Philippines
India: Growth remains robust despite moderation We expect India’s GDP growth to ease modestly to 7.5% year-on-year, but the economy should continue to outperform most regional peers. High-frequency indicators point to resilient domestic demand, particularly in private consumption. At the same time, exports have remained more resilient than expected amid global trade headwinds. Overall, the ...
Asia's weekly economic outlook includes key data from Australia, China, India, Japan, Korea, and the Philippines. India's GDP growth is expected to ease to 7.5% year-on-year, but domestic demand remains resilient. Australia's GDP growth is projected to slow to 1.8% YoY, primarily due to housing sector weakness. China's PMI data is forecast to rebound, though still below 50, indicating contraction.
The Philippines is expected to see a modest easing in headline inflation to 6.0% YoY, while core inflation remains high. Japan's industrial production growth is anticipated to moderate to 3.5% YoY, while retail sales growth is expected to accelerate to 3.1% YoY. South Korea's export growth is projected to moderate to 61.4% YoY, while import growth is expected to slow to 25.2% YoY. Additionally, South Korea's headline CPI inflation is forecast to accelerate to 3.2% YoY.
Written by urgent.news from Hellenic Shipping News's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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