UBS: Asian inflation to dip to 2.3% this year

Union Bank of Switzerland in its latest macro monthly report on Asia Pacific economy by CIO are forecasting Asian inflation to be 2.3% this year, compared with 2.4% in 2018.

Key Quotes

“The current benign inflation environment has opened up policy space for Asian countries to pause their policy rate hikes. Some may even explore rate cuts to boost demand.”