Pantheon Macroeconomics

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  • Indonesian retail sales remain soft, particularly discretionary items, with BI cuts yet to be felt at all…
  • …Confidence revived suddenly in October on job hopes, but faster income growth remains far away.
  • Numerous ‘sales’ days in Malaysia boosted retail in September; e-commerce is altering the landscape.

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Keywords for: 12 November 2025 Emerging Asia Monitor

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