Pantheon Publications

Global Datanote: Bangko Sentral ng Pilipinas Decision

• In one line: The BSP pulls the trigger… more—and potentially larger—cuts to come in Q4.

Miguel Chanco (Chief EM Asia Economist)Global

Global Datanote: Trade, Indonesia, July

• In one line: Small surplus isn’t actually that bad, while the stellar y/y rates need to be put into context.

Miguel Chanco (Chief EM Asia Economist)Global

PANTHEON EM ASIA DATA WRAP 15 August 2024

The BSP pulls the trigger… more—and potentially larger—cuts to come in Q4
Indonesia’s small trade surplus isn’t actually that bad, while the stellar y/y rates need to be put into context

Miguel Chanco (Chief EM Asia Economist)Emerging Asia

EZ Datanote: GDP Flash, Switzerland, Q2 2024

In one line: Resilient to weak German activity and much better than we anticipated.

Melanie Debono (Senior Eurozone Economist)Eurozone

PM Datanote: US CPI, July

Another month of “good data”, implying a 0.13% core PCE print.

Ian Shepherdson (Chief Economist, Chairman and Founder)US

UK Datanote: U.K. Official House Price Index, June

• In one line: House prices rise again in June.

Rob Wood (Chief UK Economist)UK

EZ Datanote: GDP, Employment and Industrial Production, Q2/June 2024

In one line: Q2 GDP increase confirmed, despite another drag from industry.

Claus Vistesen (Chief Eurozone Economist)Eurozone

EZ Datanote: Final Inflation, France, July 2024

In one line: No boost from the Olympics here.

Claus Vistesen (Chief Eurozone Economist)Eurozone

UK Datanote: U.K. Labour Market Data, June / July 2024

• In one line: Encouraging wage slowdown but recovering jobs growth will keep the labour market tight.

Rob Wood (Chief UK Economist)UK

PM Datanote: US PPI, July 2024

Benign enough for the Fed to ease in September.

Ian Shepherdson (Chief Economist, Chairman and Founder)US

PM Datanote: US NFIB Small Business Optimism Survey, July

Headline index surges, but the details still point to weakness.

Oliver Allen (Senior US Economist)US

EZ Datanote: ZEW, Germany, August

In one line: Knocked over by rising volatility. 

Claus Vistesen (Chief Eurozone Economist)Eurozone

PM Datanote: Industrial Production, Mexico, June, 2024

• In one line: Manufacturing gains offset weakness in other sectors, for now.

Andrés Abadía (Chief LatAm Economist)Latin America

Global Datanote: CPI, Brazil, July, 2024

• In one line:  A mixed picture, as transportation costs rise while food prices decline.

Andrés Abadía (Chief LatAm Economist)Global

PM Datanote: Inflation IPCA, Brazil, July, 2024

• In one line:  A mixed picture, as transportation costs rise while food prices decline.

Andrés Abadía (Chief LatAm Economist)Latin America

Global Datanote: BCRP Rate Decision, Peru, August, 2024

• In one line: A prudent rate cut, defying consensus, reflects improved inflation dynamics.

Andrés Abadía (Chief LatAm Economist)Global

PM Datanote: BCRP Rate Decision, Peru, August, 2024

• In one line: A prudent rate cut, defying consensus, reflects improved inflation dynamics.

Andrés Abadía (Chief LatAm Economist)Latin America

EZ Datanote: Detailed Inflation, Germany, July

In one line:  Inflation will drop back sharply this month. 

Melanie Debono (Senior Eurozone Economist)Eurozone

PM Datanote: PPI, China, July

Producer deflation set for only modest improvement in H2

Duncan WrigleyChina+

CHINA+ DATA WRAP 9 August 2024: Food inflation lifts China's consumer inflation

China's consumer inflation buoyed by seasonal food inflation, rather than demand
Producer deflation extends decline amid oversupply

Duncan WrigleyChina+