3 March 2015 - The euro has stayed at a very low level in February, whereas a few emerging currencies were further plunging. Our monthly statistical report displays a comprehensive view of currency values against the US dollar but also v. the euro, the British pound, the Indian and Pak rupees, and the Chinese renminbi.
24 February 2015 - As reflected by our January inflation data, a series of Asian countries including India, Indonesia and Bangladesh are now accepting a stronger rise of their consumer prices than experienced in rival China and Vietnam where inflation has disappeared. Our monthly report offers a comparison of inflation rates in low-cost countries, with historical data available back to June 2007. Impact of currency changes is calculated to assess real consequences for exports of higher or lower inflation rates.
11 February 2015 - Minimum wages are being increased in a series of Asian apparel manufacturing countries at the start of 2015. Effective implementatioin could however take time, as already observed in the last year in Bangladesh. Apparel exports could be negatively affected in countries like Cambodia, where the low labor costs are the sole advantage offered to domestic industry. In other countries like Vietnam, a new increase of minimum wages will not impact the fast development of sales to US and EU clothing markets.
3 February 2015 - The dollar further surged in January against the euro and the Sterling, potentially depressing the EU clothing import market. The Indian rupee began rebounding, although still staying at a relatively weak level. Our monthly statistical report displays a comprehensive view of currency values against the US dollar but also v. the euro, the British pound, the Indian and Pak rupees, and the Chinese renminbi.
27 January 2015 - The ongoing TPP negotiations are expected to offer Vietnam's apparel exports a duty-free access to the US market. Depending on rules of origin which will be eventually decided, impact will be different for the global clothing market and for textile exporters in Asia, as reflected by a just released study by Standard Chartered Research. The fate of Bangladesh apparel industry is also depending on these negotiations, as Vietnam has become its strongest and direct rival on the global market. Standard Chartered has released its statistical forecast for the coming 10 years, with two scenarios, depending on the more or less flexible rules of origins.
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