21st November 2017
South Africa has registered its best Purchasing Managers' Index (PMI) performance in five months. The seasonally adjusted PMI rose with 2,9 percentage points, from 44,9 in September to 47,8 in October 2017. This development was helped mostly by an increase of the new sales orders (6,7 % points), while inventories and employment remained weak. Nevertheless, PMI remained below the 50-mark threshold that separates economic expansion from contraction.
13th October 2017
The most popular country for tourist arrivals in the top 6 ASEAN countries is Thailand (with Malaysia in second position). However, the same cannot be said for their YoY growth figures in comparison to the other countries.
11th October 2017
Continuing on from our post on Monday, Vietnam and Singapore are the 3rd and 4th most popular countries out of the top 6 ASEAN countries in terms of their tourist arrivals.
10th October 2017
China's manufacturing and non-manufacturing PMI was up 0.7 ppt and 2.0 ppt to 52.4% and 55.4%, respectively in Sep 2017, of which manufacturing PMI climbed for two straight months. Both PMIs hit new highs since May 2012 and Jun 2014.
9th October 2017
The CEIC Insight Team has been observing the increasing tourist arrivals in the top ASEAN countries this year. In 2017 so far, Indonesia has seen over double the amount of tourism the Philippines has.
5th October 2017
Indian exports grew for a 12th consecutive month in August 2017. The 10.3% increase marks the longest continuous growth of Indian shipments since 2012.
3rd October 2017
Thailand’s trade balance has remained on a healthy course over the past two years in spite of the lower surplus trend recently. With regards to the latest data in August 2017, the exports of goods surged 13.23% year-over-year to 21.2 billion USD, while imports rose at a higher rate of 14.93% YoY to 19.1 billion USD resulting in a trade surplus of 2.09 billion USD after the country had recorded the trade deficit of 188 million USD back in July 2017.
29th September 2017
Recently analysts are debating on whether the Chinese economy is entering a ‘new boom cycle’. Better-than-expected GDP in H1 2017 seems to be sufficient evidence for the optimists, however, a set of key macro data weakened in July and August.
28th September 2017
Food prices in Australia increased by almost 6% in the last 5 years between 2011 and 2016. Consumer prices of meat and seafoods, however, increased twice that rate recording 10% growth during this period.
20th September 2017
China’s foreign trade rallied significantly in Q1 2017 thanks to recovered demand from home and abroad. However, an obvious deviation was identified in August trade data. Seasonal adjusted exports decelerated to 4% y-o-y, much slower than the 8.7% in July, while imports were growing 2% faster at 13.3% y-o-y.