- In one line: More food disinflation to come in May; the 2025 consensus remains far too high.
Miguel Chanco (Chief EM Asia Economist)Emerging Asia
- In one line: Ignore the inflated headline, but households had a decent Q1.
Miguel Chanco (Chief EM Asia Economist)Emerging Asia
- In one line: Blame mainly an unsurprising reversal of the January jump in petroleum products.
Miguel Chanco (Chief EM Asia Economist)Emerging Asia
- In one line: First red ink since mid-2023, as the inexplicable lift from ‘other’ sales continues to unwind.
Miguel Chanco (Chief EM Asia Economist)Emerging Asia
- In one line: No need to panic over the nosedive in imports.
Miguel Chanco (Chief EM Asia Economist)Emerging Asia
- In one line: Blame mainly softer fuel & power deflation; headline disinflation is just around the corner.
Miguel Chanco (Chief EM Asia Economist)Emerging Asia
- In one line: Food disinflation strikes again; consumer non-durables IP stages a partial rebound.
Miguel Chanco (Chief EM Asia Economist)Emerging Asia
- In one line: A not-too-damning payback from the modest front-running, pre-VAT hike.
Miguel Chanco (Chief EM Asia Economist)Emerging Asia
- In one line: Dragged down by transportation and communication base effects.
Miguel Chanco (Chief EM Asia Economist)Emerging Asia
- In one line: Offsetting base effects all over the place; momentum is solid, otherwise.
Miguel Chanco (Chief EM Asia Economist)Emerging Asia
A surprisingly fast start to 2025 for Philippine trade
Miguel Chanco (Chief EM Asia Economist)Emerging Asia
Indian services wake up from its slumber, but a Q1 GDP slowdown is still in play
Miguel Chanco (Chief EM Asia Economist)Emerging Asia
- In one line: Deficit hit on both sides of the balance.
Miguel Chanco (Chief EM Asia Economist)Emerging Asia
Thailand’s 2-speed economy ends 2024 on a somber note
A very unwelcome January leap in Indonesia’s trade surplus
Miguel Chanco (Chief EM Asia Economist)Emerging Asia
Moderation in upstream food pressures in India is the real deal
Miguel Chanco (Chief EM Asia Economist)Emerging Asia
- In one line: Setting the stage for an immediate follow-up rate cut in April; consumer goods output go MIA to close off 2024.
Miguel Chanco (Chief EM Asia Economist)Emerging Asia
Indonesian sales boosted modestly by front-loading before the VAT rate hike
Miguel Chanco (Chief EM Asia Economist)Emerging Asia
The RBI’s first cut is finally here; expect at least one more by mid-year
The impressive run-up in Philippine sales at end-2024 owes partly to short-lived tail
Miguel Chanco (Chief EM Asia Economist)Emerging Asia
Everyone seems to have forgotten the Tet noise in Vietnamese trade
A more believable retail sales print from Vietnam, no doubt flattered by Tet
Healthcare costs provide Vietamese inflation with a further—much bigger—jolt
Thai inflation continues to float just a touch above the lower bound of BoT's target range
Miguel Chanco (Chief EM Asia Economist)Emerging Asia
