Macro Economy Review November

[Nov - 12 ] Malaysia's economy shrank 4.5% in the third quarter, according to the latest government reports. But the central bank sees the growth to pick up in the coming quarter as Covid situation greatly improved and economy gradually reopens again.

Headline inflation is expected to average between 2%-3% this year, with core inflation remaining subdued amid spare capacity in the economy, the central bank estimated

[Nov - 15] Thailand's economy contracted 0.3% from a year earlier in the third quarter, government official data showed today. The Economy Shrank 1.1%(adjusted) in Q3 from Q2, according to the release

The central bank projected the economy will expand by in 2021 as the countries gradually reopens up by steps

[ Nov - 15 ] Japan economy shrank an annualised 3.0% in July-September after a revised 1.5% gain in the second quarter, preliminary gross domestic product (GDP) data showed on Monday, much worse than a median market forecast of a 0.8% contraction.

[ Nov - 1] Hong Kong's economy expanded by 5.4% in the third quarter of 2021 compared with the same period last year, according to data released on by the statistics department, down from 7.6% increase in the second quarter - government report

[Nov - 9 ] Philippines economy grows 7.1% in Q3 on year, compared to 12% growth in Q2, data from the government release revealed today

[Nov - 24] Singapore's economy grew by 7.1% on-year in the third quarter of 2021, beating expectations, but still slower than the 15.2% yearly growth recorded in the previous quarter

- APMR News