Asia: Regional PMIs start new year on similar note - Westpac

Simon Murray, Research Analyst at Westpac, explains that Asia’s PMIs have begun 2018 in a similar vein to the past year with Japan lifting higher, India just above trend after a volatile few months, and Indonesia continuing to hold near its average.

Key Quotes

“Looking ahead, it will be interesting to see how Indian firms respond to the recent Budget announcement. Japan’s impetus will also be closely watched as a gauge of the global growth upswing.”