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.

Please use the filters on the right to search for a specific date or topic.

Datanotes

China+ Datanote: Wages, Japan, April

In one line : Japanese inflation continues to outpace labour earnings; BoJ likely to hold rates in June.

China+ Datanote: PPI, China, May

Producer deflation slammed by weakening international energy prices, weather-hit construction activity

CHINA+ DATA WRAP 9 June 2025: China's CPI still in mild deflation

China's CPI still in mild deflation, while producer deflation worsens due to weak global oil prices

PM Datanote: US JOLTS, April

Rise in openings irreconcilable with other evidence.

EZ Datanote: Detailed GDP/Retail Sales, Eurozone, Q1 2025/April 2025

In one line: Fastest growth in eleven quarters thanks to tariff-front-running-led jump in Irish GDP.

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

UK Datanote: Bank of England Decision Maker Panel, May 2025

  • In one line: DMP raises the chance of an August cut, but the survey will likely recover further in June.

UK Datanote: Construction PMI, May 2025

  • In one line: Construction PMI should improve only slowly as sentiment remains weak.

UK Datanote: UK Car Registrations, May 2025

  • In one line: Falling interest rates and a healthy consumer will support car registrations.

UK Datanote: UK Final Services and Composite PMI, May 2025

  • In one line: Growth has been steady, if unspectacular, once we account for the PMI’s excess sensitivity to uncertainty.

EZ Datanote: Construction PMIs, Eurozone, May 2025

In one line: PMI still paints a picture of underlying weakness in construction. 

EZ Datanote: Factory Orders, Germany, April 2025

In one line: Surprisingly strong, but the details are volatile.

PM Datanote: US ISM Services Survey, May

We doubt services inflation will reaccelerate sharply.

Global Datanote: Official Manufacturing PMI, China, May

In one line: China's manufacturing activity shrinks at a slower pace in May due to US tariff reprieve

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Keywords for: Publications

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