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29th Jul 2022 15:49Emerging Asia, Daily Monitor, Weekly Monitor
Expect the RBI to moderate the speed of tightening this week, with a below-consensus 25bp rate hike.
We look for a positive surprise in Indonesia’s Q2 GDP, with growth rising to 5.5%, from 5.0% in Q1.
The quarterly bump should be huge, thanks to a bounce in public spending and big lift from trade.
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