1 April 2026 Emerging Asia Monitor Confirmation the GST pop in Indian IP is over; fuel-tax cut no relief

India’s Feb. IP validates our above-consensus call, but the post-GST pop in consumer goods is done…
…Output looks poised to hit a wall in March; last week’s fuel-tax cuts buy consumers time, not relief.
Thai consumption was having a decent Q1 pre-war, amid an easing in structural high-debt headwinds.

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