Get App
Download App Scanner
Scan to Download
Advertisement
This Article is From Jan 05, 2022

China’s PMI, Indonesia Inflation Warning, Singapore GDP: Eco Day

China’s PMI, Indonesia Inflation Warning, Singapore GDP: Eco Day

Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast.

Welcome to Tuesday, Asia. Here's the latest news and analysis from Bloomberg Economics to help you start the day.

  • China's December Caixin manufacturing PMI will be a key data release in the first week of 2022. We expect the gauge to show the economy is stabilizing but yet to regain traction
    • China's hot factory-gate inflation is poised to cool in 2022, while consumer price inflation will probably pick up but remain relatively mild
    • A wall of maturing debt and a surge in seasonal demand for cash will test China's financial markets this month, putting pressure on the central bank to ensure sufficient liquidity
  • Indonesia must be watchful of price pressures this year, the finance chief said, offering a rare warning for an economy that's enjoyed benign inflation in 2021
  • Singapore's recovery accelerated in the final three months of 2021, with easing virus restrictions and strong manufacturing helping push the economy to its fastest full-year growth in more than a decade
  • South Korea's export growth eased substantially in December, and is set to slow further in 2022 as external demand normalizes and the base of comparison becomes less favorable
  • The White House is likely to nominate economist Philip Jefferson for a seat on the Fed board of governors, according to people familiar with the matter
  • Asia and European factory activity continued expanding in December, lifted by resilient demand and easing supply-chain bottlenecks 
  • Turkish inflation surged to a 19-year high in December, propelled by a slump in the lira and President Recep Tayyip Erdogan's push for cheaper borrowing
  • Wall Street's push to refill office towers across the country has been derailed again
  • ©2022 Bloomberg L.P.

    Essential Business Intelligence, Sharp Market Insights, Practical Personal Finance Advice, Daily Fuel, Gold and Silver Prices and Latest Stories — On NDTV Profit.

Newsletters

Update Email
to get newsletters straight to your inbox
⚠️ Add your Email ID to receive Newsletters
Note: You will be signed up automatically after adding email

News for You

Set as Trusted Source
on Google Search
Add NDTV Profit As Google Preferred Source
Listen to the latest songs, only on JioSaavn.com