Pantheon Macroeconomics

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11th Jul 2023 16:26Emerging Asia, Daily Monitor

  • Trade growth in the Philippines beat expectations in May; exports rose for the first time since November.
  • The year-over-year improvement should hold, as short-term trends have been recovering for months.
  • Much stronger export growth is unlikely, though, looking at the glut in semiconductors globally.

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Keywords for: 12 July 2023 Emerging Asia Monitor

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