27 March, 2019
By Michelle Chia, Economist, CIMB Research and Economic and Sofea Azahar, Economist, CIMB Research and Economics
HIGHLIGHTS February 2019 industrial production Industrial output rose by 0.7% yoy in February on gains in biomedical, and slower declines in electronics and precision engineering. Notably, January’s readings were revised from -3.1% yoy to
25 March, 2019
By Michelle Chia, Economist, CIMB Research and Economic and Sofea Azahar, Economist, CIMB Research and Economics
HIGHLIGHTS March Monetary Policy Committee meeting BOT unanimously voted to keep the policy interest rate unchanged at 1.75%. Hawks in MPC folded as BOT downgraded GDP growth and core inflation outlook in 2019, signalling
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
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
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,
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,
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
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
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
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
