Pantheon Macroeconomics

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21st Nov 2024 18:59Emerging AsiaWeekly Monitor

  • The general downtrend in India’s PMIs is still very much in play, de spite the November services pop.
  • Hiring is supposedly going gangbusters, based on the PMI, but the hard data still tell a different story.
  • Indonesia is pushing ahead with a VAT hike to 12% in January; the last rise in 2022 is uninformative.

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Keywords for: 25 November 2024 Emerging Asia

independent macro research, Pantheon Macro, Pantheon Macroeconomics, independent research, ian shepherdson, economic intelligence