Pantheon Macroeconomics

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22nd Jan 2025 10:03Emerging AsiaDaily Monitor

  • Taiwan’s retail sales look like they are picking up, as growth rose to 2.9% year-over-year in December.
  • This is not the whole story; paradoxically, inflation continues to bolster the headline figure.
  • Three typhoons, stubborn inflation and high credit costs have led to sluggish increases in volumes.

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Keywords for: 24 January 2025 Emerging Asia Monitor

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