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Asia Week Ahead: PMI Reports; Inflation Prints; Malaysia's Rate Decision

MT Newswires11-02

The week ahead in Asia will feature PMI reports from across the region, providing insight into the health of the manufacturing and services sectors.

The Malaysian central bank's decision is due, with inflation data to be released for various countries.

Hong Kong and Singapore are also set to publish retail sales data.

Here's what to expect in the week ahead in Asia.

MONDAY, Nov. 2

Overall business production and operational activities in China contracted in October, with the official Composite PMI Output Index coming in at 49.7, compared with 50.7 in September. The manufacturing and non-manufacturing production index stood at 49.3 and 49.7, respectively.

The headline RatingDog China General Manufacturing PMI came in at 52.

Japan's manufacturing PMI compiled by S&P Global stood at 53.3 in October, down from 54.1 in September. South Korea's seasonally adjusted manufacturing PMI decreased to 51.3, while Taiwan's headline figure fell to 54.9.

Manufacturing activity in India expanded, with the HSBC manufacturing PMI falling to 54.7, while Malaysia's S&P Global manufacturing PMI rose to 51.

Thailand's manufacturing sector also expanded at its fastest pace so far this year in October, with the S&P Global manufacturing PMI rising to 54.8.

Business expectations among manufacturers in Singapore improved for the October 2026 to March 2027 period, with a net weighted balance of 24% of firms expecting more favorable conditions over the next six months.

TUESDAY, Nov. 3

South Korea's inflation is expected to inch down to 2.8% in October from 2.9% previously, according to experts at ING. DBS economists expect no change from the previous reading.

Hong Kong's GDP for the third quarter and retail sales for September will land. DBS economists project GDP growth of 2.6%, lower than 4.3% previously, with September retail sales growth likely slowing to 4.7% from 5.6%.

WEDNESDAY, Nov. 4

A range of PMI reports are due from China, India, Hong Kong, and Singapore.

THURSDAY, Nov. 5

Malaysia is expected to keep its Bank Negara Malaysia overnight policy rate steady at 2.75%, according to DBS economists.

Taiwan's headline inflation may remain unchanged at 2.7%, ING experts predicted. DBS economists expect headline and core inflation at 2.3%.

Thailand's CPI is projected to increase to 3.2% year over year, above the central bank's target of 1% to 3% amid a rise in diesel prices and rebound in food inflation, according to DBS.

Japan's Jibun bank manufacturing PMI will land, alongside Singapore's retail sales data for September.

FRIDAY, Nov. 6

Japan's S&P global composite and services PMI will arrive.

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