Pantheon Macroeconomics

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9th Oct 2023 11:04Emerging Asia, Daily Monitor

  • Indonesian retail sales growth is weakening further; the slump will worsen as confidence dwindles.
  • It’s hard to see how consumption growth in GDP will stay around 5%, with car sales also struggling.
  • The recovery in Philippine exports is consolidating, but risks remain to the downside in the short run.

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Keywords for: 11 October 2023 Emerging Asia Monitor

Pantheon Macro, Pantheon Macroeconomics, independent macro research, independent research, ian shepherdson, economic intelligence