Pantheon Publications

Global Datanote: Inflation, Switzerland, June 2025

In one line: Back above zero, but unlikely to stay there for long.

Global Datanote: ISM Manufacturing Survey, US, June

In one line: Supply-side disruptions giving way to weak demand

Global Datanote: Economic activity index, Chile, May, 2025

• In one line: Growth holding up, but momentum set to slow in H2.

Global Datanote: Advance Inflation, Eurozone, June 2025

In one line: June’s increase will more than reverse in July.

Global Datanote: PMI, Switzerland, June 2025

In one line: Pointing to downside risks for GDP in Q2.  

Global Datanote: CPI, Indonesia, June

• In one line: Expect a further rise in food inflation in the July report.

Global Datanote: Trade, Indonesia, May

• In one line: Export growth probably will buckle again in Q3.

Global Datanote: Manufacturing PMI, ASEAN, June

• In one line: Post-export-front-loading clouds continue to darken.

Global Datanote: Caixin Manufacturing PMI, China, June

In one line: Caixin PMI concurs with official index in showing manufacturing activity rebound

2 July 2025 Global Monitor Soft June payrolls incoming

• US - Expect soft June payrolls, and yet another set of downward revisions
• EUROZONE - June’s EZ inflation rise will more than reverse in July and August
• UK - Payroll data have gone haywire; job growth is likely improving
• CHINA+ - BoJ to sit tight as stagflation risk rears its ugly head
• EM ASIA - Hoping we’re not jinxing it…we rescind our call for SBV cuts in 2025
• LATAM - Banxico signals slower data-driven easing, as inflation risks persist

Global Datanote: Industrial Production, India, May

• In one line: Consumer-facing industries are buckling.