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Preliminary GDP data for Japan in the January – March quarter was released today, coming in well above expectations at +0.4% q/q (versus the +0.1% that was the median consensus). While this is a solid expectation beat its still not overly quick growth, but it’s the...

Japan's economy minister Goto on the data earlier and its implications:need to carefully watch the impact of price rises on consumers Future economic growth will be moderate thanks to rising salaries, better attitudes, and a healthy hunger for company investment.To...

The National Development and Reform Commission of the People's Republic of China (NDRC) says it:approved 56 fixed-asset investment projects worth a total of 378bn yuan in the January - April periodand for April alone it approved 14 fixed-asset investments worth 98bn...

From the Bank of America Asia Fund Manager Survey (FMS), dour reading on the China outlook. China: from unabashedly bullish to fatigued skepticism The January Asia FMS professed an unambiguously bullish outlook for China. However, uneven economic recovery and...

The data release is here:The q/q change missed expectations while the y/y slightly pipped higher at 3.7% the best in a decade. But with CPI at 7% real wages dropped. The RBA is wary of a wage-price spiral higher, there isn't much sign of this with the data today....

New home prices in China +0.4% m/m in April (prior was +0.44%)and -0.2% y/y (prior -0.8%)62 of 70 cities recorded higher prices m/m and 22 y/y prior 64 and 18 respectivelyFor non-new homes, 36 cities saw prices rise-The property sector is a key driver of economic...

Australian Wage Price Index for Q1 2023 (January - March)+0.8% q/qexpected 0.9%, prior 0.8%+3.7% y/yexpected 3.6%, prior 3.3%more to come --- The Australian Wage Price Index (WPI) is a quarterly measure of wage inflation and labour cost movements in Australia.Key...

Singapore Non-oil Domestic Exports (NODX) for April 2023+2.7% m/mexpected -3.1%, prior +18.4%-9.8% y/yexpected -9.4%, prior -8.3%--Singapore Non-oil Domestic Exports (NODX) measures the value of goods exported from Singapore excluding oil and petroleum products.an...

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