Export growth slowed last month but this reflects unflattering base effects and softer global growth rather than US tariffs. A bigger concern is the sharp drop in import growth which, coupled with cooling factory gate inflation, suggests that policy efforts to shore up domestic demand are falling short.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to gain:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services