Brazil's IPC-Fipe cooled to 0.40% MoM in April from 0.59% in March. HSBC forecasts India's manufacturing PMI at 58.3. Korea's April CPI is seen at 2.6% YoY. The prints will determine who's first in the EM easing queue.
This chart visualizes the cooling of inflation in Brazil, aligning with the article's report on moderating price pressures in São Paulo for April. Source
