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.

Global Datanote: Inflation, Brazil, April, 2025

In one line: Inflation steady in April, but underlying pressures persist, for now.

Andrés Abadía (Chief LatAm Economist)Global

PM Datanote: Inflation IPCA, Brazil, April, 2025

In one line: Inflation steady in April, but underlying pressures persist, for now.

Andrés Abadía (Chief LatAm Economist)Latin America

EZ Datanote: Industrial Production, Italy, March 2025

In one line: Industry will likely support GDP again in Q2, but downside risks remain.

Melanie Debono (Senior Eurozone Economist)Eurozone

PM Datanote: BCRP Rate Decision, Peru, May, 2025

In one line: BCRP resumes easing, citing stable inflation.

Andrés Abadía (Chief LatAm Economist)Latin America

12 May 2025 US Monitor April CPI set to show inflation had been tamed, before the tariff shock

We look for a below-consensus 0.2% gain in the April headline CPI; the egg price surge likely unwound…
…But rising vehicle prices and a partial rebound in hotel room rates likely drove a 0.3% rise in the core CPI.
It's too soon to see major tariff-related price hikes, and weak demand suggests airline fares stayed lower.

Samuel TombsUS

12 May 2025 LatAm Monitor Inflation ticks higher in Mexico, but underlying pressures are contained

Headline and core inflation in Mexico rose in April, driven mainly by seasonal services price rises…
…But underlying trends are contained and demand remains subdued, allowing Banxico to cut this week.
Peru’s BCRP cut rates to 4.50% and signalled a shift towards neutral, as inflation is well anchored, for now.

Andrés Abadía (Chief LatAm Economist)Latin America

12 May 2025 Emerging Asia Monitor US tariffs' impending return fueling Taiwan's export frenzy

Taiwan’s exports defied expectations, rising by 30% year-over-year in April; front-loading continues...
...It’s unclear when this will stop, but a surge in the value of the T WD is a new headwind.
Inflation moderated to 2.0% in April, from 2.3% in March, but it’s still too soon to celebrate.

Meekita Gupta (Asia Economost)Emerging Asia

12 May 2025 China+ Monitor China considering a major overhaul of its housing-market model

China reportedly plans to improve its housing model by banning pre-sale housing.
The move would allow the authorities to control the supply of housing better, stabilising prices.
China’s foreign reserves rose on the back of a bigger revaluation effect, thanks to the weaker USD in April.

Kelvin Lam (Senior China+ Economist)China+

12 May 2025 Eurozone Monitor UK-US deal not a blueprint for EU-US trade negotiations

The EU’s announcement of retaliation against US tariffs is an attempt to get Washington to the table.
Brussels’ WTO case against the US indicates that it won’t accept 10% as a floor for tariffs.
EU purchases of energy, agricultural products and defence goods are the clearest route to a deal.

Claus Vistesen (Chief Eurozone Economist)Eurozone

12 May 2025 UK Monitor Week in review: MPC cautiously more dovish

The MPC turned more dovish last week, just not as dramatically as the market expected.
The US–UK trade deal will have a small impact on trade flows but could relieve some uncertainty.
Strong GDP growth and upward payroll revisions should maintain the sense of monetary caution.

Rob Wood (Chief UK Economist)UK