8 September 2025 Emerging Asia Monitor Criticism of India's Q2 GDP deflator is valid; 'GST 2.0' no game-changer

We’ve created our own GDP deflator for India; it suggests that growth collapsed in Q2, to just 5.8%…
…The fiscal cost of ‘GST 2.0’ is small, so expect the same for its macro impact amid fiscal consolidation.
Taiwanese inflation ticked up to 1.6% in August , from 1.5%, as typhoon Podul drove up food prices.

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