Exports from Indonesia (EIDO) in June 2017 stood at $11.6 billion, a fall of 11.8% on a year-over-year basis and 19% on a month-over-month basis.
Indonesia’s (EIDO) trade surplus in June 2017 stood at $1.6 billion as compared to $1.1 billion in the corresponding period last year and $0.57 billion in the previous month.
Inflation in Indonesia (EEM) in July 2017 stayed in line with the market expectation of 3.9%.
Business confidence in the manufacturing sector in South Korea (EWY) has remained stable at 78 in July 2017.
The South Korean (EWY) Manufacturing PMI (Purchasing Managers’ Index) rose to 50.1 in June 2017 compared to 49.2 in May 2017.
South Korea’s (EWY) trade surplus increased sharply to $11.4 billion in June 2017 compared to $5.7 billion in the previous month.
South Korea’s (EWY) unemployment rate rose to 3.8% in June 2017 compared to a four-month low of 3.6% in the previous month.
South Korea’s (EWY) inflation rate fell to 1.9% in June 2017 compared to 2.0% in the previous month.
South Korea’s (EWY) consumer confidence continued to remain steady at 111.2 in July 2017 compared to 111.1 in the previous month.
Slower growth in exports, manufacturing, and investments impacted economic activity in South Korea (EWY) in 2Q17.
South Korean equities are soaring in 2017, with the Korea Composite Stock Price Index (or KOSPI), its benchmark index, reaching an all-time high of 2,451.5 in July 2017.
The service sector PMI (purchasing mangers’ index) in India (INDA) rose to 53.1 in June 2017, compared to 52.2 in May.
Uncertainty related to India’s new goods and services tax, which was implemented on July 1, 2017, seemed to affect India’s manufacturing activity in June 2017.
Consumer spending in India (INDA) is expected to grow via remonetization and other reforms undertaken by its government in 2017.
The trade gap in India (INDA) continued to widen in June 2017. In the month, it stood at $12.9 billion, a 59.7% rise year-over-year (or YoY) and a 6% fall month-over-month.
Consumer prices in India (INDY) rose 1.5% year-over-year in June 2017, slowing sharply from their 2.2% rise in May 2017.
Sensex, India’s (EPI) benchmark index, closed above the 32,000 mark for the first time on July 13, 2017.
The auto industry in Mexico depends on NAFTA, as major auto manufacturers in the United States have made Mexico their manufacturing and export hub.
Consumer confidence in Mexico seems have been hit by increasing prices in June 2017. Consumer confidence in the country fell to 84.4 in June, compared to 85.1 in May.
Mexico’s manufacturing activity posted a strong performance after its output, new orders, and employment picked up the pace in June 2017.