Pantheon Publications
Below is a list of our Publications for the last 6 months. If you are looking for reports older than 6 months please email info@pantheonmacro.com, or contact your account rep.
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Moorthy Krshnan (Senior Asia Economist)
Improving external demand supports Singapore's consensus-beating Q2 GDP
Moorthy Krshnan (Senior Asia Economist)Emerging Asia
- Singapore’s Q2 GDP beat the consensus thanks to the recovery in goods-producing industries...
- ...Powered by an upswing in manufacturing and robust construction activity.
- We raise our 2024 GDP growth forecast to 2.7% from 2.4% previously, up from 1.1% in 2023.
Moorthy Krshnan (Senior Asia Economist)Emerging Asia
- In one line: Optimistic on growth but increased uncertainty on inflation.
Moorthy Krshnan (Senior Asia Economist)Global
- In one line: Optimistic on growth but increased uncertainty on inflation.
Moorthy Krshnan (Senior Asia Economist)Emerging Asia
- BNM held its policy rate this month, as it waits to see the impact of the diesel-subsidy removal…
- …A relatively strong growth outlook is providing it with the bandwidth for a continued pause.
- Malaysian GDP growth likely improved to 4.8% year-over-year in Q2, from 4.2% in Q1.
Moorthy Krshnan (Senior Asia Economist)Emerging Asia
- In one line: Blowing the consensus out of the water.
Moorthy Krshnan (Senior Asia Economist)Emerging Asia
- In one line: Faster goods inflation pushes up the headline.
Moorthy Krshnan (Senior Asia Economist)Emerging Asia
- Malaysian headline inflation picked up in May due to a sharp rise in the price of streaming services…
- …It will rise further in June, as the lift from the diesel-subsidy removal shows up in the data.
- Labour-market tightness also looks set to stoke inflation, changes to administered prices aside.
Moorthy Krshnan (Senior Asia Economist)Emerging Asia
- Headline inflation in Singapore rose in May, as higher COE prices pushed up transport inflation…
- …But the real story is core inflation staying at 3.1% for a third straight month, due to sticky services.
- The Taiwanese retail outlook looks weak for now, but the likelihood of stronger wage growth has risen.
Moorthy Krshnan (Senior Asia Economist)Emerging Asia
- In one line: Weakness in consumer demand remains, despite improvement in headline.
Moorthy Krshnan (Senior Asia Economist)Emerging Asia
Core inflation in Singapore remains unchanged in May, despite headline rise
Moorthy Krshnan (Senior Asia Economist)Emerging Asia
Export growth surprises to the upside, as electronics roar ahead
Moorthy Krshnan (Senior Asia Economist)Emerging Asia
- Malaysia’s export growth surprised to the upside in May, thanks to a sharp rise in electronics exports…
- …This more than compensated for a fall in commodity exports and a drag from re-exports.
- Adverse base effects aside, electronics exports still has more fuel in the tank for a further recovery.
Moorthy Krshnan (Senior Asia Economist)Emerging Asia
Semiconductor export growth makes an impressive recovery in Singapore
Moorthy Krshnan (Senior Asia Economist)Emerging Asia
- It’s not often that a growth figure of -0.1% brings joy, but it did in the case of Singapore’s May exports...
- ...We found much to celebrate, as semiconductor exports are finally showing signs of life.
- We still expect the recovery in exports to be gradual but now see stronger signs of its likely durability.
Moorthy Krshnan (Senior Asia Economist)Emerging Asia
- In one line: Tapping an RRR hike to cool the property market.
Moorthy Krshnan (Senior Asia Economist)Global
- In one line: Tapping an RRR hike to cool the property market.
Moorthy Krshnan (Senior Asia Economist)Emerging Asia
- The CBC made no change to its policy rate yesterday, but raised its RRR by 0.25pp...
- ...To stymie the flow of credit to the property sector, which has brushed off previous cooling measures.
- We expect the CBC to stay on hold, but upside risks to inflation might provoke another hike in Q3.
Moorthy Krshnan (Senior Asia Economist)Emerging Asia
