Pantheon Macroeconomics

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Pantheon Publications

Below is a list of our Publications for the last 5 months. If you are looking for reports older than 6 months please email info@pantheonmacro.com, or contact your account rep.

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Duncan Wrigley

2 July 2025 China+ Monitor Both China's manufacturing PMI rises led by output; deflation lingers

  • The Caixin PMI rebounded more strongly than the official manufacturing index in June…
  • …Deflation pressures are festering, however, likely forcing regulatory curbs on excessive competition.
  • Korea’s manufacturing PMI is starting to rise from its sickbed, now the election has reduced political risk.
Duncan WrigleyChina+

1 July 2025 China+ Monitor PBoC signals less urgency for policy support as PMIs improve

  • The PBoC on Friday hinted it saw less need for a near- term monetary policy boost than three months ago.
  • The June official manufacturing PMI improved, thanks to policy support and an easing in tariff tensions.
  • The construction PMI ticked up at last, but it’s too soon to celebrate; the hard data pointed to slowing.
Duncan WrigleyChina+
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Keywords for: Publications

independent macro research, Pantheon Macro, Pantheon Macroeconomics, independent research, ian shepherdson, economic intelligence