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East Asia Econ

East Asia Econ

The platform for tracking and understanding East Asia macro

Korea – inflation slowing

Korea – inflation slowing

Headline inflation ticked up in March, but underlying measures slowed. Prices are still rising by over the BOK's 2% target, but the trend slowdown will allow the central bank to give more attention to the weak economy.

1 min read

Taiwan – PMI still below 50

Taiwan – PMI still below 50

Taiwan's mfg PMI improved in March, but remained below 50. That means mfg in a mfg-led economy has now been contracting for almost two years, and yet unemployment is at 20-year lows, and core inflation at 20-year highs.