Global Datanote: PPI, China, June 2025

• In one line: Producer deflation worsens due to weather hitting construction, a jump in renewable energy generation and trade frictions

Duncan WrigleyGlobal

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: ISM Manufacturing Survey, US, June

In one line: Supply-side disruptions giving way to weak demand

Oliver Allen (Senior US Economist)Global

Global Datanote: Economic activity index, Chile, May, 2025

• In one line: Growth holding up, but momentum set to slow in H2.

Andrés Abadía (Chief LatAm 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: Manufacturing PMI, ASEAN, June

• In one line: Post-export-front-loading clouds continue to darken.

Miguel Chanco (Chief EM Asia Economist)Global

Global Datanote: Caixin Manufacturing PMI, China, June

In one line: Caixin PMI concurs with official index in showing manufacturing activity rebound

Duncan WrigleyGlobal

Global Datanote: Official manufacturing PMI, China, June

In one line: Manufacturing activity index rises thanks to eased tariff tensions and domestic policy support

Duncan WrigleyGlobal

Global Datanote: Banxico Announcement, Mexico, June, 2025

• In one line: Banxico cuts again, but rising inflation and a split Board signal a slower, more cautious easing cycle ahead.

Andrés Abadía (Chief LatAm 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: Loan Prime Rates, China, June

In one line: BoJ slowed tapering pace for next fiscal year but stood pat on policy rates in June

Kelvin Lam (Senior China+ Economist)Global

Global Datanote: BoJ Decision, Japan, June

In one line: BoJ slowed tapering pace for next fiscal year but stood pat on policy rates in June

Kelvin Lam (Senior China+ Economist)Global

Global Datanote: Monetary policy meeting, Brazil, June, 2025

• In one line: COPOM surprises with a 25bp hike but signals a pause.

Andrés Abadía (Chief LatAm Economist)Global

Global Datanote: Inflation, Chile, May, 2025

• In one line: Disinflation remains on track.

Andrés Abadía (Chief LatAm Economist)Global

Global Datanote: Economic activity index, Chile, April, 2025

• In one line: Recovery maintaining a solid pace, but external headwinds still loom.

Andrés Abadía (Chief LatAm Economist)Global

Global Datanote: Economic activity index, Brazil, March, 2025

• In one line: Q1 surge driven by agriculture; broader gains show resilience.

Andrés Abadía (Chief LatAm Economist)Global

Global Datanote: Banxico Announcement, Mexico, May, 2025

• In one line: Banxico cuts again but strikes a cautious tone.

Andrés Abadía (Chief LatAm Economist)Global

Global Datanote: Inflation, Brazil, April, 2025

• In one line: Inflation steady in April, but underlying pressures persist, for now.

Andrés Abadía (Chief LatAm Economist)Global

Global Datanote: Inflation, Mexico, April, 2025

• In one line: Underlying pressures remain in check, despite a bad start to Q2.

Andrés Abadía (Chief LatAm Economist)Global