Brighter Growth Prospects With Higher Inflation

Economic Research	6 April 2017
G3 & Greater China & ASEAN
Economic Outlook
Brighter Growth Prospects With Higher Inflation After two consecutive years of slowing growth, the global environment is turning more “reflationary”. Apart from the policy shift towards fiscal means in the developed world to bolster growth, EM economies are benefiting from better commodity prices, greater reform efforts, and stability in China. Meanwhile, ASEAN economies are experiencing a recovery in exports which, coupled with continued implementation of infrastructure projects, would augur well for a stronger growth outlook for 2017, although this comes with higher inflation. Economist:  Lim Chee Sing  | +603 9280 2153