INDIA’S SLUMP HAS BEEN LONG IN THE MAKING
- …A SOFT END TO THE YEAR FOR ASEAN MANUFACTURING
Miguel Chanco (Chief EM Asia Economist)Emerging Asia
- In one line: An anti-climactic end to the year.
Miguel Chanco (Chief EM Asia Economist)Global
- In one line: A pause that will probably hold for the first few meetings in 2025.
Miguel Chanco (Chief EM Asia Economist)Global
- In one line: A pause that will probably hold for the first few meetings in 2025.
Miguel Chanco (Chief EM Asia Economist)Emerging Asia
- India’s flash PMIs for December— especially services—were punchy, but the slowdown isn’t over.
- We’re still waiting for other metrics to confirm the supposed strength in hiring indicated by the PMIs.
- The sudden leap in Indonesia’s trade surplus in November is hardly wor th celebrating; imports fell.
Miguel Chanco (Chief EM Asia Economist)Emerging Asia
- In one line: Another leap in gold imports drags the deficit to a fresh low.
Miguel Chanco (Chief EM Asia Economist)Emerging Asia
- In one line: A not-so-welcome leap in the trade surplus.
Miguel Chanco (Chief EM Asia Economist)Global
A solid end to 2024 for India’s PMIs, but let’s wait for the final numbers
WPI food inflation in India has finally turned a corner
A not-so-welcome leap in Indonesia's trade surplus for November
Miguel Chanco (Chief EM Asia Economist)Emerging Asia
- Indian inflation is back in the RBI’s range thanks to cooler food CPI; expect more of the latter in 2025…
- …But the consensus for next year is too benign, especially with core CPI set to normalise constantly.
- The further rise in IP growth in October is only a small reprieve; underlying momentum is still weak.
Miguel Chanco (Chief EM Asia Economist)Emerging Asia
In one line: No major surprises; red carpet being relaid for rate cuts.
Miguel Chanco (Chief EM Asia Economist)Global
- In one line: No major surprises; red carpet being relaid for rate cuts.
Miguel Chanco (Chief EM Asia Economist)Emerging Asia
