Multiple Countries

Omicron Variant: Mere Speed Bump Rather than Pothole in Path to Recovery

Macroeconomics
164 Views, 12 Jan 2022 04:44
EXECUTIVE SUMMARY
  • PMI surveys show the regional economies performing well. Manufacturing is supported by improving demand. Price pressures, while diminishing somewhat, remain a risk, though.
  • The omicron variant will produce a surge in infections across our region. However, if the pattern in South Africa is repeated, this surge will end fairly quickly.
  • It helps that governments are avoiding overly stringent responses, helped by rising vaccination rates. Consumers and businesses have also learnt to adapt better to surges of infections.
detail (9-minute read)
WHAT’S TRENDING
logo
Logo
Rising
Manu Bhaskaran
CEO
Centennial Asia Advisors
Multi-AssetMacroeconomicsThematic (Sector/Industry)

Mr. Bhaskaran is a leading Asian economist based in Singapore with more than 30 years of experience in studying economic... 

x