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Week Ahead APAC Economic Preview: Week of 15 October 2018
- China GDP growth likely to slow in Q3
- Other data from China include inflation, fixed investment, factory output and retail sales
- Trade data for Japan, Indonesia and Singapore
- US FOMC minutes, output and sales updates, plus Euro area inflation, UK price and job data
- Special focus on India's currency crisis
The highlight of the coming week in Asia is the release of third quarter GDP data from China. The data will be eyed for insights of the extent that trade wars and tariffs may have affected Chinese economic activity. The release of trade data from Japan, Indonesia and Singapore will likewise provide further clues as to trade performance in the APAC region.
Other data highlights for Asia include inflation data for Japan, China, India and New Zealand as well as China's investment and industrial production figures.
Elsewhere, FOMC minutes and US retail sales and industrial production numbers will provide steers on the speed of Fed policy tightening. Euro area inflation as well as UK job data and inflation numbers will be meanwhile key to the timing of future monetary policy changes at the ECB and Bank of England respectively. The week also see a key EU summit on Brexit.
Our special focus this week looks at the factors driving India's currency crisis and the implications for 2019.
Download the article for a full diary of key economic releases.
Contact for further APAC commentary: Rajiv.Biswas@ihsmarkit.com or Bernard.Aw@ihsmarkit.com
Contact for European and US PMI commentary: Chris.Williamson@ihsmarkit.com
© 2018, IHS Markit Inc. All rights reserved. Reproduction in whole or in part without permission is prohibited.
Purchasing Managers' Index™ (PMI™) data are compiled by IHS Markit for more than 40 economies worldwide. The monthly data are derived from surveys of senior executives at private sector companies, and are available only via subscription. The PMI dataset features a headline number, which indicates the overall health of an economy, and sub-indices, which provide insights into other key economic drivers such as GDP, inflation, exports, capacity utilization, employment and inventories. The PMI data are used by financial and corporate professionals to better understand where economies and markets are headed, and to uncover opportunities.
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