Pantheon Macroeconomics

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24th Apr 2024 11:22Emerging Asia, Daily Monitor

  • BI surprised yesterday with a 25bp hike, yet again citing a need to stabilise the IDR; this is just overkill.
  • Taiwanese retail sales growth in March barely stayed in the black; price effects saved the day…
  • …Real wage growth continues to tread water around zero percent, making a Q2 turnaround unlikely.

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Keywords for: 25 April 2024 Emerging Asia Monitor

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