Siddharth Jamad (65) 6807-5503 siddharth.jamad@jpmorgan.com JPMorgan Chase Bank, N.A., Singapore Branch Asia Pacific Economic Research J P M O R G A N 01 August 2025 Asia Focus: Export prices & Asia's coming discontent In the immediate aftermath of the COVID-19 pandemic, resurgent demand combined with supply chain disruptions to boost Asian export prices and, in turn, global core goods inflation. As these bottlenecks faded and demand and supply came into better balance, Asian export price inflation also eas ...