Pantheon Publications

EM Asia Datanote: Bangko Sentral ng Pilipinas Decision

• In one line: Rightly unfazed, for now, by the upswing in oil prices.

Global Datanote: Bank Indonesia Decision

• In one line: Sticking to the gradualist approach, for now.

EM Asia Datanote: Bank Indonesia Decision

• In one line: Sticking to the gradualist approach, for now.

PANTHEON EM ASIA DATA WRAP 18 June 2025

Export front-running in Thai exports is still going strong

EM Asia Datanote: Trade, India, May

• In one line: Led by an overdue correction in oil imports.

EM Asia Datanote: WPI, India, May

• In one line: No material change—yet—to the outlook for continued fuel & power deflation.

PANTHEON EM ASIA DATA WRAP 13 June 2025

March pop in Indonesian sales evaporates completely, as expected

Global Datanote: CPI, India, May

• In one line: No signs yet of food disinflation stabilising.

EM Asia Datanote: CPI, India, May

• In one line: No signs yet of food disinflation stabilising.

Global Datanote: Reserve Bank of India Decision

• In one line: Front-loading most of this year’s remaining cuts.

PANTHEON EM ASIA DATA WRAP 6 June 2025

The RBI front-loads most of this year’s remaining cuts
Front-loading of Vietnamese exports to the US continues apace
Latest electricity-price hike nudges Vietnamese inflation up a touch
Vietnamese retail sales are having a torrid Q2
The resurgence in Philippine sales is topping out

PANTHEON EM ASIA DATA WRAP 5 June 2025

All clear for another BSP cut this month

Global Datanote: Manufacturing PMI, ASEAN, May

• In one line: A bounce of sorts, but manufacturing is still shaky.

PANTHEON EM ASIA DATA WRAP 4 June 2025

A bounce of sorts, but ASEAN manufacturing is still shaky

Global Datanote: CPI, Indonesia, May

• In one line: Near-zero inflation is once again around the corner.

Global Datanote: Trade, Indonesia, April

• In one line: A partially welcome collapse in the surplus.

PANTHEON EM ASIA DATA WRAP 2 June 2025

A partially welcome collapse in Indonesia’s trade surplus
Near-zero inflation is once again around the corner

EM Asia Datanote: GDP, India, Q1

• In one line: Boosted by investment, which can’t be relied upon post-“Liberation Day”.

EM Asia Datanote: Retail Sales, Thailand, March

• In one line: Disregard completely; household spending is still weakening.

PANTHEON EM ASIA DATA WRAP 30 May 2025

The April collapse in Philippine imports in context