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.
Please use the filters on the right to search for a specific date or topic.
Daily Monitor Miguel Chanco (Chief EM Asia Economist)
- Thai GDP growth in Q2 was largely in line with expectations, cooling to 2.8% from 3.2%…
- …Export front-loading was still a big part of the story, but this lift should now unwind quickly in H2.
- We still see a broad slowdown, but our 2025 and 2026 forecasts now stand at 2.0% and 1.8%.
- The Philippines’ Q2 GDP beat expectations slightly, with yearly growth ticking up to 5.5% from 5.4%…
- …But this was down largely to a misleading U-turn in net exports, masking a weakening domestically.
- We reiterate our below-consensus 5.3% forecast for 2025, implying a renewed slowdown in H2.
- The RBI stood pat this month, commendably in the wake of the tariff outcry; we still see one more cut.
- Vietnamese exports comfortably beat expectations in July, but US front-loading looks finally to be over.
- Taiwan inflation edged up, on higher education and entertainment costs, though this is likely temporary.
- Indonesia’s Q2 GDP defied expectations, with growth rising to 5.1% on the back of investment…
- …Consumption was stable, unsurprisingly, but our more realistic proxy series shows a Q2 jump.
- The Philippines’ soft July CPI print was no surprise to us, but should mark the low of the current cycle.
