Inflation will continue to edge higher in most emerging markets over the coming months but should peak by Q4. Indeed, in some countries (notably China) it may already have done so. Accordingly, while...

China’s struggle with rising prices is reverberating around the world. Domestic inflation is the highest it has been in nearly three years. Wages are increasing at a double-digit annual pace. No...

Purchasing managers’ surveys confirm that global manufacturing growth continued steadily in April, although the pace of growth appears to have slowed slightly in developed countries. They also show...

The attached note highlights the differences between our latest forecasts and those of the IMF, both published yesterday, and the most recent consensus forecasts, taken from the Consensus Economics...