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Global Economics Update Plunging shipping costs to weigh on inflation Over a year ago, we warned that surging shipping costs posed an upside risk to inflation going into 2022, and it looks like these risks did indeed materialise. But now that global shipping costs have... 25th November 2022 · 5 mins read
Global Economics Update PMIs point to continued downturn and easing inflation November’s flash PMIs were a mixed bag, with unexpected increases in Europe and a sharp fall in the US. However, the headline indices are now at levels consistent with falling activity in all major... 23rd November 2022 · 2 mins read
Global Economics Update Resilient monthly data do not change gloomy outlook Recent monthly data from the advanced economies have tended to exceed analysts’ gloomy expectations. This is partly due to an easing of supply shortages, which could offer some further support to... 23rd November 2022 · 4 mins read
Global Economics Update October CPI: US/Europe contrast to endure in 2023 The October inflation data highlighted a contrast between the US and Europe, with core price pressures easing materially in the US but staying stronger in the euro-zone and UK. We think this will be... 18th November 2022 · 5 mins read
