Global Datanote: CPI, India, June

• In one line: Outright food deflation is here, as predicted.

Miguel Chanco (Chief EM Asia Economist)Global

Global Datanote: Economic activity index, Brazil, May, 2025

• In one line: Recovery stalls as financial headwinds mount.

Andrés Abadía (Chief LatAm Economist)Global

Global Datanote: CPI, Brazil, June, 2025

• In one line: Cooling inflation meets new headwinds.

Andrés Abadía (Chief LatAm Economist)Global

Global Datanote: CPI, Mexico, June, 2025

• In one line: Core pressures lingering, but disinflation resumes.

Andrés Abadía (Chief LatAm Economist)Global

Global Datanote: PPI, China, June 2025

• In one line: Producer deflation worsens due to weather hitting construction, a jump in renewable energy generation and trade frictions

Duncan WrigleyGlobal

Global Datanote: CPI, Chile, June, 2025

• In one line: Inflation falls again; BCCh likely to cut rates.

Andrés Abadía (Chief LatAm Economist)Global

Global Datanote: Inflation, Switzerland, June 2025

In one line: Back above zero, but unlikely to stay there for long.

Melanie Debono (Senior Eurozone Economist)Global

Global Datanote: ISM Manufacturing Survey, US, June

In one line: Supply-side disruptions giving way to weak demand

Oliver Allen (Senior US Economist)Global

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

• In one line: Growth holding up, but momentum set to slow in H2.

Andrés Abadía (Chief LatAm Economist)Global

Global Datanote: Advance Inflation, Eurozone, June 2025

In one line: June’s increase will more than reverse in July.

Melanie Debono (Senior Eurozone Economist)Global

Global Datanote: PMI, Switzerland, June 2025

In one line: Pointing to downside risks for GDP in Q2.  

Melanie Debono (Senior Eurozone Economist)Global

Global Datanote: CPI, Indonesia, June

• In one line: Expect a further rise in food inflation in the July report.

Miguel Chanco (Chief EM Asia Economist)Global

Global Datanote: Trade, Indonesia, May

• In one line: Export growth probably will buckle again in Q3.

Miguel Chanco (Chief EM Asia Economist)Global

Global Datanote: Manufacturing PMI, ASEAN, June

• In one line: Post-export-front-loading clouds continue to darken.

Miguel Chanco (Chief EM Asia Economist)Global

Global Datanote: Caixin Manufacturing PMI, China, June

In one line: Caixin PMI concurs with official index in showing manufacturing activity rebound

Duncan WrigleyGlobal

Global Datanote: Industrial Production, India, May

• In one line: Consumer-facing industries are buckling.

Miguel Chanco (Chief EM Asia Economist)Global

Global Datanote: Official manufacturing PMI, China, June

In one line: Manufacturing activity index rises thanks to eased tariff tensions and domestic policy support

Duncan WrigleyGlobal

Global Datanote: Banxico Announcement, Mexico, June, 2025

• In one line: Banxico cuts again, but rising inflation and a split Board signal a slower, more cautious easing cycle ahead.

Andrés Abadía (Chief LatAm Economist)Global

Global Datanote: Tokyo CPI, Japan, June

In one line: Tokyo inflation cools, thanks to restart of energy subsidies

Duncan WrigleyGlobal

Global Datanote: Bank of Thailand Decision

• In one line: Pausing, for now.

Miguel Chanco (Chief EM Asia Economist)Global