Economy

Consumer price inflation spiked up to 7.8% y-o-y in February from 6.8% y-o-y a month earlier. Rising food prices remain the immediate driving force behind the accelerating headline... 2011-03-03

The country's trade deficit widened by 25.2% y-o-y through H1 FY2010/11 (July-June) to US$3.4bn from the same period in the previous fiscal year. Despite a strong recovery in exports,... 2011-03-03

BMI View: Populist spending measures, rose-tinted growth projections, and a lack of reform detail in the FY2011/12 (Apr-Mar) union budget underscore our belief that India's policymakers... 2011-03-01

Unemployment came in at 4.9% in Q310, down from 5.4% in Q210. Although the drop signals improving labour market conditions, we remain cautious going forward as the labour force participation... 2011-02-01

Pakistan recorded its first current account surplus in six years, with Q2 FY2010/11 (July-June) data showing a surplus of US$613.0mn. This brings the country's cumulative balance to... 2011-02-01

The latest data shows that inflationary pressures will likely persist through the country's food crisis, where supply-side pressures have led to rampant food price inflation. Broad... 2011-02-01

In line with our view, the Reserve Bank of India (RBI) raised its benchmark repo rate to 6.50% from 6.25%, and its reverse repo to 5.50% from 5.25% at its quarterly monetary policy... 2011-01-31

Despite widening on a month-on-month basis, Bangladesh's current account surplus narrowed by 35.4% y-o-y to US$0.8bn in October from US$1.3bn in October 2009. The latest data shows... 2011-01-06

Consumer price inflation ended 2010 at 6.9%, slightly above our forecast of 6.7%. Average inflation for 2010 hit our projection of 5.9%. Food prices continue to add pressure to headline... 2011-01-06

The supply of money in the economy continues to hit historic highs, placing further pressure on the inflationary environment. The latest data showed reserve money (M0) growing by 14.6%... 2011-01-06