A sustained deflationary pressure is impacting several Asian economies. China’s commodity market decline, particularly for key raw materials, is a primary concern. The global economic slowdown is also weighing heavily on demand. Manufacturing output has experienced a notable decrease across several countries, including Japan and South Korea. Central banks are responding with interest rate adjustments, though the effectiveness remains to be seen. Further analysis is required to determine the long-term implications for regional economic growth and stability.
Credits: Finance & economics