Asia

Japan's VAT hike to drag GDP growth to 0-0.5%

Japan's VAT hike to drag GDP growth to 0-0.5%

Higher prices of consumer goods and services will result to consumer spending falling by 3% and will trim GDP growth by 1.8ppt.

Asia

Taiwan's industrial production to slip further from 2.4% in June

Domestic trade is also likely to slump as confidence in spending weakened for four straight months.

Asia

Japan trade deficit to rocket to ¥443 billion

Blame it on rebound in oil imports, reflecting higher prices and volumes.

Asia

Thailand GDP to inch higher to 1.8%-2%

But private consumption will continue to be sluggish as flood-related spending fades.

Asia

Malaysia economy jumped 5.4%

Thanks to robust and resilient private consumption rising 8.8%, buoyed by tight labor market and strong income growth.

Asia

Korea's unemployment rate dips to a measly 3.1%

Thanks to the robust growth in self-employed workers, the unemployed fell 1 percentage point.

Asia

Thailand GDP to jump to 2.8%

But the country has to brace for waves of external demand woes with the lacklustre global economic outlook.

Asia

Taiwan GDP pegged at 3.2%

Blame it on sluggish exports in 2Q due to lacklustre global economic performance.

Asia

Consumption tax hike to 8% all geared up in Japan

From the current 5%, the tax will gradually climb to 8% in April 2014, then 10% by October 2015.

Asia

Taiwan inflation to edge up to 2.1% in 2013

Blame it on administrative price increases on electricity and fuel.

Asia

Bank of Korea to further cut policy rate to 2.75%

Nomura expects a 25bp cut in October that will remain on hold throughout 2013.

Asia

Philippine inflation to rocket to 5.4% by end 2012

This rise will reflect the country's pending electricity tariff adjustments.

Asia

Malaysia to stand pat on policy rates

Bank Negara Malaysia is likely to hold on to its 3% rate amid inflation drop.

Asia

Philippines' nasty weather to push inflation up 3.5%

Around PHP 693m worth of rice crops have already been lost.

Asia

Inflation to creep up to 5.2% in Indonesia

Blame it on food price hikes starting in mid-Q3 due to Ramadan.

Asia

India inflation to rocket to 9%

A nasty combination of high food and core inflation will even push it to close to double-digits by 2Q13.

Asia

2 reasons why China inflation will rebound to 3.1% by end 2012

Inflation will trend down to 2% in Q3 but it will edge up until 2Q13.

Asia