Mind The Gap: Asia's Inflation Pipeline Has Further To Run
Markit·2026-05-19·via All Articles on Seeking Alpha
Summary
Input costs rose across all 12 Asian manufacturing economies surveyed in April, the bulk of which are emerging markets.
For the three Asian economies for which S&P Global produce both manufacturing and services PMI data (India, Japan and Mainland China), the picture is nuanced.
Central banks worked hard to establish their inflation-fighting credibility over 2022-2024 and may need to look at tightening monetary policy again to try to bear down on inflation in the months ahead.
Boy Wirat/iStock via Getty Images
Input costs across Asia rose sharply in April amid the war in the Middle East and surging energy prices. While output prices also increased accordingly, analysis of PMI® data suggests that companies are
