Pantheon Macroeconomics

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29th Jul 2025 11:32Emerging AsiaDaily Monitor

  • Two-way trade in the Philippines easily beat the consensus in June, but base effects helped hugely…
  • …Still, underlying the inflated headlines are real recoveries in chip exports and capital goods imports.
  • Net exports will be the star of the show in next week’s Q2 GDP; we now see the headline at 5.3%.

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Keywords for: 31 July 2025 Emerging Asia Monitor

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