- In one line: Vegetable prices are rearing their ugly head, again; industry is back to a two-track growth, this time with consumer durables racing ahead.
Miguel Chanco (Chief EM Asia Economist)Emerging Asia
- In one line: Should be just a temporary drop below the BoT’s target range.
Miguel Chanco (Chief EM Asia Economist)Emerging Asia
- In one line: Some green shoots on food inflation; IP appears to be breaking out of its recent stagnation.
Miguel Chanco (Chief EM Asia Economist)Emerging Asia
- In one line: Food inflation remains frustratingly sticky; clearer signs that core has bottomed-out.
Miguel Chanco (Chief EM Asia Economist)Emerging Asia
- In one line: LPG price cut pulls inflation down below 5% for the first time since October; don’t be fooled by the jolt in IP growth.
Miguel Chanco (Chief EM Asia Economist)Emerging Asia
- In one line: Delaying our first RBI rate cut call to August; industry is floundering, forget the H2 2023 ’strength’ in GDP.
Miguel Chanco (Chief EM Asia Economist)Emerging Asia
- In one line: We repeat; forget the discrepancy-inflated headline, India’s main engine is still stuttering.
Miguel Chanco (Chief EM Asia Economist)Emerging Asia
- In one line: Feel free to continue ignoring the rosy headline.
Miguel Chanco (Chief EM Asia Economist)Emerging Asia
- In one line: Lumpy non-oil imports continue to sag.
Miguel Chanco (Chief EM Asia Economist)Emerging Asia
- In one line: The easing in upstream core deflation has come to a halt.
Miguel Chanco (Chief EM Asia Economist)Emerging Asia
- In one line: Still waiting on the onion price correction to show in CPI; the trend in IP growth is clearly one of moderation.
Miguel Chanco (Chief EM Asia Economist)Emerging Asia
- In one line: The run-up to 2024 was devoid of upward momentum.
Miguel Chanco (Chief EM Asia Economist)Emerging Asia
The Philippines' slowdown resumes, but less dramatically than expected
Miguel Chanco (Chief EM Asia Economist)Emerging Asia
Ignore the Tet noise, two-way trade started 2024 poorly
Retail sales had an abysmal January, too, leaving aside the rose-tinted headline
Headline stickiness is masking a persistent decline in core inflation
Miguel Chanco (Chief EM Asia Economist)Emerging Asia
A welcome two-sided improvement, but Thai net trade should hit Q4 GDP
Don’t be fooled by the apparent recovery in Philippine exports
Miguel Chanco (Chief EM Asia Economist)Emerging Asia
- In one line: Can’t rely on favourable oil price effects going forward.
Miguel Chanco (Chief EM Asia Economist)Emerging Asia
Indonesian exports are improving, but demand still isn’t firing on all fronts
Plenty of reassuring details from India’s December WPI
Miguel Chanco (Chief EM Asia Economist)Emerging Asia
- In one line: The CPI report has yet to pick-up the correction in onion prices; don’t panic over the Diwali-related crash in IP growth.
Miguel Chanco (Chief EM Asia Economist)Emerging Asia
Indonesian sales growth is barely keeping its head above water
A welcome widening of the Philippines’ trade deficit in November
Miguel Chanco (Chief EM Asia Economist)Emerging Asia
The fledgling U-turn in Philippine sales is already losing steam
Miguel Chanco (Chief EM Asia Economist)Emerging Asia
