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.
- Food deflation in India is receding quickly, pushing headline inflation up further, to 1.3% in December…
- …We’ve raised our 2026 average forecast to 4.1%, but underlying inflation remains very benign.
- Indonesian retail sales growth has hit a 20-month high, despite the big holes in discretionary goods.
- US Greenland ambitions will accelerate EU defence spending and raise the risk of an EU-US trade war.
- The EU economic ‘bazooka’ would likely be unholstered if the US moves to take over Greenland.
- An intra-NATO shooting match is highly unlikely, but tensions will ratchet up before a resolution is found.
- We expect ‘final’ payrolls to fall by 15K month-to-month in December, but hiring will improve in 2026.
- The LFS unemployment rate will drop to 5.0% in November, but that still likely overplays job weakness.
- Wage inflation will moderate in December, but surveys suggest the pace of pay growth is flattening.
Recovering sales growth in Indonesia hiding big holes under the surface
Overstating the gloom, but a downbeat message nonetheless.
Signs of stabilization, but big headwinds remain.
Still weak enough to sustain the pressure for more Fed easing.
In one line: Still weak enough to sustain the pressure for more Fed easing.
- In one line: Few reasons for builders to be more optimistic in 2026, so the construction PMI will remain weak.
- In one line: Job falls ease after the Budget circus ends while inflation remains stick.
In one line: Q4 was better than Q3.
- In one line: Inflation rises marginally, but disinflation remains on track.
- In one line: Under pressure, despite modest manufacturing gains.
- In one line: President Boluarte removed; uncertainty persists but economy remains resilient.
- In one line: Showing tentative signs of stabilisation, but tight financial conditions remain a drag.
- In one line: Export growth eases, but Q4 GDP remains on track for a millennia-high.
In one line: Industry slowed sharply in Q4, but goods spending likely accelerated.
In one line: Spanish industry had a solid November.
In one line: Strong manufacturing, but plunging exports.
Sales growth in Malaysia dips
