Should China’s PPI and CPI Inflation Divergence be a Concern?
China’s producer price index (PPI) and consumer price index (CPI) inflation diverged in 2015-2016 and again in 2021.
China’s producer price index (PPI) and consumer price index (CPI) inflation diverged in 2015-2016 and again in 2021.
AMRO’s baseline 2022 GDP growth forecast for the ASEAN+3 region assumes continued improvement in the global economy, but at a slower pace due to the Omicron variant.
The ASEAN+3 Macroeconomic Research Office (AMRO) expects the ASEAN+3 region to remain resilient in 2022, despite new challenges from the COVID-19 pandemic and the global economy.
Brunei Darussalam’s external position and fiscal balance should improve considerably, benefiting from rising global oil prices amid better global economic prospects.
Brunei Darussalam’s economy should recover moderately by 2.1 percent in 2021, after a slower but still positive growth in 2020 amid the global economic downturn due to the COVID-19 pandemic.
Thailand’s economy should recover gradually — although unevenly across sectors — with growth likely to register 0.8 percent in 2021 before rebounding to 5.8 percent in 2022.
Thailand’s economy is expected to recover gradually — although unevenly across sectors — with growth likely to recover to 0.8 percent in 2021 before rebounding to 5.8 percent in 2022.
The Cambodia’s economy was hit severely in 2020 by the COVID-19 pandemic and the recovery in 2021 is expected to be moderate and uneven across sectors.
Consumer price inflation in Korea had been persistently low since the 2008 Global Financial Crisis, before picking up over the last six months. Until early this year, inflation has remained below the Bank of Korea’s target rate of 2 percent despite the central bank’s accommodative monetary policy stance since 2012.
Singapore’s economy continues to recover steadily in 2021 and 2022 from a sharp contraction last year.