Pantheon Macroeconomics

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8th Apr 2024 10:05Emerging AsiaDaily Monitor

  • The BSP held rates yesterday but sounded more hawkish, raising its 2024 inflation forecast to 4.0%.
  • We still expect 100bp in cuts this year, with the first in June; food inflation will start co-operating in May.
  • Another day, another Lunar New Year boost to February retail sales growth; this time in Malaysia.

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Keywords for: 9 April 2024 Emerging Asia Monitor

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