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Data Flash:Asia Economic Diary

编辑 : 王远   发布时间: 2017.10.23 18:30:03   消息来源: sina 阅读数: 93 收藏数: + 收藏 +赞()

South Korea’s GDP (advance estimate) for Q3will likely be released on Thursdaynext week and w...

South Korea’s GDP (advance estimate) for Q3will likely be released on Thursdaynext week and we see it accelerating to 3.2% from 2.7% in Q2, led by a reboundin exports and sustained strength in facility investment, despite the ongoing risksfrom North Korea and its negative consequences on services exports.。    We expect Vietnam to report a ytd positive trade balance of USD1.0bn in October,vs. a deficit of USD0.4bn in September, as export growth accelerate (to 20.6%from 19.8%) while import growth slows (to 21.7% from 23.1%) in the same period.Meanwhile, it is also likely to see stronger growth in retail sales (12.3% vs. 10.5%)and IP (13.5% vs. 13.2%) in October vs. September.。    We expect a notable pick up in Vietnam’s CPI inflation in October, to 3.8%yoyfrom 3.4% in September, on the back of higher food prices. Meanwhile, HongKong and Singapore are likely to report a stable CPI inflation of 1.9% and 0.4%,respectively, in September. Hong Kong is likely to report a wider trade deficit ofHKD43.0bn in September, vs. HKD35.5bn in August, as the moderation in exportgrowth (to 5.0% from 7.4%) outpace that in import growth (5.5% vs. 7.7%).。    Taiwan’s IP growth is also likely to accelerate to 4.5% in September, from 3.3%in August, as exports strengthen, while its unemployment rate falls to 3.7% inSeptember from 3.8% in August and M2growth rises slightly (to 4% from 3.8%)in the same period. While Singapore is likely to see some payback in its IP growthin September, moderating to 11.5%, after reporting over 20% growth in previoustwo months, its unemployment rate is likely to remain stable, but low at 2.2%in Q2.。    .

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