Vehicles Paul Tan’s Automotive News

Employment and wage growth, as properly as policy measures, remaining supportive of household spending. The larger intermediate and capital imports will additional help export and funding exercise. The development outlook is topic to downside dangers from lower-than-expected exterior automotive news demand and commodity production. Meanwhile, upside risks to progress primarily emanate from higher spillover from the tech upcycle, more sturdy tourism activity, and sooner implementation of funding tasks.