PANTHEON EM ASIA DATA WRAP 6 May 2026

Iran war ’saves’ Thailand from prolonged deflation
Already signs of an inflation squeeze on Philippine sales

PANTHEON EM ASIA DATA WRAP 5 May 2026

Indonesia’s sturdy Q1 GDP is only skin-deep
ASEAN manufacturing continues to lose steam
Another BSP rate hike now seems likely, however misguided
Singapore's March retail sales doesn't look as good as it does under the surface

EM Asia Datanote: Retail Sales, Thailand, February 2026

• In one line: Initial signs of a squeeze from the war fallout.

PANTHEON EM ASIA DATA WRAP 30 April 2026

A broadly constructive deterioration of the Philippines' trade balance in Q1

EM Asia Datanote: Bank of Thailand Decision, April 2026

• In one line: The war has been ‘good’ for the MPC’s policy space.

April 2025- Emerging Asia Chartbook

EARLY Q1 GDP NUMBERS SHOW A GENERAL COOLING

• …BSP AND MAS TIGHTEN IN VIEW OF CPI RISKS

EM Asia Datanote: Industrial Production, India, March 2026

• In one line: Decent, but positive momentum is fading.

EM Asia Datanote: Customs Trade, Thailand, March 2026

• In one line: A solid end to Q1 for two-way trade, but fundamental pressure on the THB is building.

EM Asia Datanote: Bangko Sentral ng Pilipinas Decision, April 2026

• In one line: An insurance hike; most probably a “one and done”.

PANTHEON EM ASIA DATA WRAP 23 April 2026

Indian PMIs rebounding on the back of the fragile ceasefire

EM Asia Datanote: Bank Indonesia Decision, April 2026

• In one line: Another month, another hold, as global assumptions are downgraded further.

EM Asia Datanote: Core Industries, India, March 2026

• In one line: Grim end to an already forgetful Q1; glaring war impact on fertiliser output.

PANTHEON EM ASIA DATA WRAP 20 April 2026

Malaysian electronic exports are down, just when commodities perk up

EM Asia Datanote: CPI, Taiwan, March 2026

• In one line: Not as bad as we all thought.

PANTHEON EM ASIA DATA WRAP 8 April 2026

RBI is keeping calm and carrying on with a sensible pause

EM Asia Datanote: CPI, Thailand, March 2026

• In one line: The bigger jolt will come in April.

PANTHEON EM ASIA DATA WRAP 7 April 2026

Oil surge leads to an immediate breach of the BSP’s target range
Recovering domestic demand will soon hit a brick wall

PANTHEON EM ASIA DATA WRAP 1 April 2026

Iran war hits most ASEAN factories hard; price shock immediate and big
Indonesia’s trade surplus and exports will soon see brighter days
A swift return to BI’s target range thanks to base effects

EM Asia Datanote: Retail Sales, Thailand, January 2026

• In one line: Underlying spending growth was still in recovery mode pre-Iran war.

EM Asia Datanote: Industrial Production, India, February 2026

• In one line: Likely as good as we’ll get in H1, if not 2026 at large.