Economy

Household spending, the mainstay of the Indian economy, is starting to feel the pinch of 300 basis points (bps) of monetary tightening since February 2010. Growth in passenger car sales... 2011-06-29

ver the first nine months of FY2010/11 (July-June), Bangladesh recorded a current account surplus of US$0.7bn, 73.9% narrower than the surplus achieved in the same period in FY2009/10.... 2011-06-03

The latest data showed consumer price inflation (CPI) in Sri Lanka falling to 8.8% y-o-y in May (from 9.8% a month earlier). The slowdown of inflation was largely due to high base effects.... 2011-06-03

Consumer price inflation (CPI) ticked up in May to 13.2% y-o-y (from 13.0% in April), showing that inflation continues to remain stubborn in Pakistan despite the State Bank of Pakistan's... 2011-06-03

Despite the Reserve Bank of India (RBI)'s conservative stance, and consensus expectations for more aggressive tightening, we maintain our view that India's rate hiking cycle is nearing... 2011-05-26

Consumer price inflation (CPI) came in at 13.0% y-o-y in April, down slightly from 13.2% in March. Although the latest data adds downside risk to our end-FY2010/11 (July-June) inflation... 2011-05-06

Consumer price inflation (CPI) registered at 9.8% y-o-y in April, up from 8.6% in March. April's data release places upside risk to our end-2011 CPI forecast of 7.0%. Headline inflation... 2011-05-06

Bangladesh's current account surplus for the first eight months of FY2010/11 (July-June) came in at US$0.6bn (down 76.4% y-o-y from the same period last year). Even though export momentum... 2011-05-06

Sri Lanka's January trade deficit came in at US$0.7bn, a 10.2% y-o-y decrease from last year. Export growth was strong, albeit from a low base, rising by 72.4% y-o-y to US$0.8bn. That... 2011-04-01

In line with our forecasts, the latest data showed international reserves hitting a three-year high of US$13.8bn in February. Our end-FY2010/11 (July-June) forecast for reserves stand... 2011-04-01