Global Datanote: CPI, Mexico, July, 2025

• In one line: Disinflation resumes, but risks linger.

Andrés Abadía (Chief LatAm Economist)Global

Global Datanote: PMI, Switzerland, July 2025

In one line: Ugly all round.  

Melanie Debono (Senior Eurozone Economist)Global

Global Datanote: Inflation, Switzerland, July 2025

In one line: Above consensus; September cut hangs in the balance. 

Melanie Debono (Senior Eurozone Economist)Global

Global Datanote: Advance Inflation, Eurozone, July 2025

In one line: A blow for ECB doves and September rate cut hopes. 

Claus Vistesen (Chief Eurozone Economist)Global

Global Datanote: CPI, Indonesia, July 2025

• In one line: Discount the base effects lifting food inflation; the headline should now stabilise.

Miguel Chanco (Chief EM Asia Economist)Global

Global Datanote: Economic activity index and retail sales, Mexico, May, 2025

• In one line: Mexico’s growth holding up in Q2, but headwinds are mounting.

Andrés Abadía (Chief LatAm Economist)Global

Global Datanote: CPI, Japan, June

In one line: Japan's headline consumer inflation slows after energy subsidies restart; upper house election poses JGB risks

Duncan WrigleyGlobal

Global Datanote: CPI, India, June

• In one line: Outright food deflation is here, as predicted.

Miguel Chanco (Chief EM Asia Economist)Global

Global Datanote: CPI, Brazil, June, 2025

• In one line: Cooling inflation meets new headwinds.

Andrés Abadía (Chief LatAm Economist)Global

Global Datanote: CPI, Mexico, June, 2025

• In one line: Core pressures lingering, but disinflation resumes.

Andrés Abadía (Chief LatAm Economist)Global

Global Datanote: CPI, Chile, June, 2025

• In one line: Inflation falls again; BCCh likely to cut rates.

Andrés Abadía (Chief LatAm Economist)Global

Global Datanote: Inflation, Switzerland, June 2025

In one line: Back above zero, but unlikely to stay there for long.

Melanie Debono (Senior Eurozone Economist)Global

Global Datanote: CPI, Indonesia, June

• In one line: Expect a further rise in food inflation in the July report.

Miguel Chanco (Chief EM Asia Economist)Global

Global Datanote: Tokyo CPI, Japan, June

In one line: Tokyo inflation cools, thanks to restart of energy subsidies

Duncan WrigleyGlobal

Global Datanote: Economic activity index and retail sales, Mexico, April, 2025

• In one line: Solid start to Q2, but consumption faces headwinds.

Andrés Abadía (Chief LatAm Economist)Global

Global Datanote: National CPI, Japan, May

In one line: Japan's core inflation surprised on the upside, but unlikely to sway BoJ into hiking mode

Kelvin Lam (Senior China+ Economist)Global

Global Datanote: CPI, India, May

• In one line: No signs yet of food disinflation stabilising.

Miguel Chanco (Chief EM Asia Economist)Global

Global Datanote: Tokyo CPI, Japan, May

In one line: Japan's core CPI surprise points to continued squeeze on real wages

Kelvin Lam (Senior China+ Economist)Global

Global Datanote: CPI, Indonesia, May

• In one line: Near-zero inflation is once again around the corner.

Miguel Chanco (Chief EM Asia Economist)Global

Global Datanote: CPI, India, April

• In one line: More food disinflation to come in May; the 2025 consensus remains far too high.

Miguel Chanco (Chief EM Asia Economist)Global