Below is a list of our Emerging Asia Publications for the last 6 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.
July
- In one line: The end of the base-effect boost is just around the corner.
Miguel Chanco (Chief EM Asia Economist)Emerging Asia
- Thailand’s customs trade deficit continued to widen sharply in August, due to the slump in exports...
- ...But shipments should soon stabilise, and the U-turn in surging imports has only just started.
- The SBV’s unexpected rate hike on Friday was more about exchange rate management than inflation.
Miguel Chanco (Chief EM Asia Economist)Emerging Asia
- CPI inflation in India surprised slightly to the upside in August, refuelling calls for a 50bp rate hike...
- ...But we’re sticking to our 25bp call; the jump in food inflation likely is a one-off, and core is steady.
- The July crash in industrial growth was more than a base effect story, as output clearly is stagnating.
Miguel Chanco (Chief EM Asia Economist)Emerging Asia
- In one line: Still lining up for an RBI pivot later this month.
Miguel Chanco (Chief EM Asia Economist)Emerging Asia
- Retail Sales momentum in Indonesia has ebbed recently, following this year's big Ramadam binge...
- …An instant hit from the fuel price hike is no surety;
we’ll take our cues from the impact on confidence.
- The misery in Philippine exports is set to continue,
even if demand from China recovers shortly
Miguel Chanco (Chief EM Asia Economist)Emerging Asia
- Short-term trends in the Philippines’ volume of net sales index continued to deteriorate in July...
- ...The inflation squeeze on households will peak this quarter, but so too should the lift from remittances.
- Unemployment is nearing the pre-Covid level, but participation rates are also extremely elevated.
Miguel Chanco (Chief EM Asia Economist)Emerging Asia
- Base effects are flattering Thai consumption, but the inflation bite is coming, lasting well into 2023.
- Food prices, the largest driver of the rise in inflation in Indonesia, appear finally to have turned a corner.
- India’s urban unemployment rate fell further in Q2, to a series low, despite the economy’s soft patch.
Miguel Chanco (Chief EM Asia Economist)Emerging Asia
- In one line: Delta base effects mask a technical recession.
Miguel Chanco (Chief EM Asia Economist)Emerging Asia
