Pantheon Macroeconomics
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16th Aug 2022 17:52Emerging Asia, Daily Monitor
WPI inflation in India plunged to a five-month low in July, opening the door further for smaller rate hikes.
Upstream core disinflation is gathering pace, while oil prices should ensure a slowdown in non-core.
Our +1.2% forecast for Indonesia’s current account this year is unchanged, despite the July trade data.
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