Indonesia: February 2019 trade

18 March, 2019
By Lim Yee Ping, Economist, CIMB Research and Economics and Michelle Chia, Economist, CIMB Research and Economic

HIGHLIGHTS February 2019 trade The trade balance swung into a surplus of US$330m in February amid a steeper contraction in imports relative to exports. February’s rebound lowered cumulative trade deficit to US$734m in 2M19

Malaysia: January 2019 industrial production

15 March, 2019

HIGHLIGHTS January 2019 industrial production IPI growth beat expectations at 3.2% yoy in January, as a jump in electricity output and resilient manufacturing production offset declining mining output. While the downturn in E&E growth

Vietnam: Inflation to tick-up but stay manageable

8 March, 2019

HIGHLIGHTS Inflation to tick-up but stay manageable Decreasing pork prices could temper the pace of food price inflation. The hike in electricity prices by 8.3% in March 2019 could add 0.3% to headline inflation,

Malaysia: January 2019 trade

5 March, 2019

HIGHLIGHTS January 2019 trade Malaysia registered a larger trade surplus of RM11.5bn in Jan as the expansion in exports was greater than the growth in imports. External headwinds took a toll on manufactured exports,

Singapore: January 2019 industrial production

1 March, 2019
By Michelle Chia, Economist, CIMB Research and Economic and Sofea Azahar, Economist, CIMB Research and Economics

HIGHLIGHTS January 2019 industrial production Singapore‟s IPI fell 3.1% yoy in Jan, the first decline in 13 months, due to setbacks in the electronics and precision engineering clusters. Potential de-escalation in US-China trade tensions

Indonesia: February 2019 Bank Indonesia meeting

28 February, 2019
By Lim Yee Ping, Economist, CIMB Research and Economics and Michelle Chia, Economist, CIMB Research and Economic

HIGHLIGHTS February 2019 Bank Indonesia meeting Bank Indonesia (BI) kept its 7-Day Reverse Repo Rate (7DRRR) steady at 6.00%, as widely expected. Reducing the current account deficit (CAD) to 2.5% of GDP is a

Vietnam: January 2019 trade

26 February, 2019

HIGHLIGHTS January 2019 trade Vietnam recorded a trade surplus of US$816m in January 19 (vs. trade deficit of US$811m in December 18). GSO had estimated a US$800m trade deficit in January 19. Continued downtrend

Malaysia: January 2019 consumer price inflation

25 February, 2019

HIGHLIGHTS January 2019 consumer price inflation Malaysia recorded a headline inflation of -0.7% yoy for January as the reinstatement of a weekly fuel price float depressed the transport price index. We retain our headline

Malaysia: January Monetary Policy Committee – Prospects of OPR hike dim

29 January, 2019
By Michelle Chia, Economist, CIMB Research and Economic and Lim Yee Ping, Economist, CIMB Research

HIGHLIGHTS January Monetary Policy Committee: Prospects of OPR hike dim BNM kept OPR at 3.25% at the first MPC meeting of 2019, as widely expected. Private sector to do the heavy lifting in sustaining

Malaysia: December 2018 consumer price inflation

28 January, 2019
By Michelle Chia, Economist, CIMB Research and Economic and Lim Yee Ping, Economist, CIMB Research

HIGHLIGHTS December 2018 consumer price inflation Headline inflation was steady at 0.2% yoy in December, while 2018 inflation rose 0.8% yoy, the mildest since 2009. We lower our 2019F inflation forecast from 2.7% to