Pantheon Macroeconomics

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6th Sep 2023 17:55Emerging Asia, Daily Monitor

  • Retail sales growth in Singapore received a surprise boost from motor-vehicle sales in July...
  • ...But a robust recovery from here is unlikely, as indicators of consumer demand remain subdued.
  • The downtrend in ASEAN’s fragile manufacturing PMI is intact, despite the August uptick.

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Keywords for: 7 September 2023 Emerging Asia Monitor

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