B · Normal
[ASEAN and China, Japan and Korea Macroeconomic Research Office: The overall regional performance is still solid] On October 5th, the ASEAN and China, Japan and Korea Macroeconomic Research Office officially released the "ASEAN and China, Japan and Korea Regional Financial Stability Report (2026)" and the "2026 ASEAN and China, Japan and Korea Regional Economic Outlook" October 5th update, local time. The report pointed out that despite the impact of the energy shock in the Middle East, the overall regional performance remained solid. The ASEAN, China, Japan and Korea Macroeconomic Research Office predicts that regional economic growth will be 4.1% in 2026 and 2027, and inflation rates will be 1.6% and 1.7% respectively. Strengthening artificial intelligence-related exports and investment are supporting economic growth, while rising energy prices and food price pressures from El Niño could push up inflation. In addition, shipping obstruction in the Strait of Hormuz has pushed up energy prices and once again raised concerns about global inflation. The report pointed out that despite facing external adverse factors and rising US dollar interest rates, the economies of ASEAN, China, Japan and South Korea still showed strong resilience.
Comments