Global Datanote: CPI, Indonesia, May

• In one line: Near-zero inflation is once again around the corner.

Miguel Chanco (Chief EM Asia Economist)Global

Global Datanote: Trade, Indonesia, April

• In one line: A partially welcome collapse in the surplus.

Miguel Chanco (Chief EM Asia Economist)Global

Global Datanote: Bank Indonesia Decision

• In one line: Back in business; at least 75bp in more cuts to come this year.

Miguel Chanco (Chief EM Asia Economist)Global

Global Datanote: Detailed Inflation, Eurozone, April 2025

In one line: Headed for 2% over the summer; enough for two more ECB cuts? 

Claus Vistesen (Chief Eurozone 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: CPI, India, April

• In one line: More food disinflation to come in May; the 2025 consensus remains far too high.

Miguel Chanco (Chief EM Asia 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

Global Datanote: Inflation, Chile, April, 2025

• In one line: Disinflation resumes, and the near-term outlook remains benign.

Andrés Abadía (Chief LatAm Economist)Global

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

• In one line: COPOM slows pace; signals prolonged hold on rates.

Andrés Abadía (Chief LatAm Economist)Global

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

• In one line: Q1 ends on a strong note, but growth set to slow.

Andrés Abadía (Chief LatAm Economist)Global

Global Datanote: CPI, Indonesia, April

• In one line: Electricity discounts are now well and truly a thing of the past.

Miguel Chanco (Chief EM Asia Economist)Global

Global Datanote: ISM Manufacturing Survey, US, April, 2025

• In one line: Headline index steady in April; but a lot of pain lies ahead.

Samuel TombsGlobal

Global Datanote: BanRep Announcement, Colombia, April, 2025

• In one line: Surprise rate cut signals cautious support for the recovery.

Andrés Abadía (Chief LatAm Economist)Global

Global Datanote: Advance GDP, US, Q1, 2025

• In one line: Tariffs distort the numbers, but underlying growth was already slowing in Q1

Oliver Allen (Senior US Economist)Global

Global Datanote: Advance GDP, Mexico, Q1, 2025

• In one line: Agricultural rebound masks broad-based weakness.

Andrés Abadía (Chief LatAm Economist)Global

Global Datanote: Bank of Thailand Decision

• In one line: Compelled by the US’ tariff war, and allowed for by a resumption of sub-1% inflation.

Miguel Chanco (Chief EM Asia Economist)Global