The plunge in consumer confidence coupled with the rather modest rise in import and producer prices last month seems to suggest that the net impact of the energy cost shock will be deflationary. But...

The Iran War has ended three years of factory-gate deflation in China and pushed CPI inflation to its highest level since early 2023 (after adjusting for Lunar New Year distortions). The big picture...

The slightly softer-than-expected 0.10% m/m rise in real consumption in February, together with the downward revision to January’s estimate to show real spending unchanged, puts first-quarter...

The sharp rise in Mexican inflation to 4.6% y/y in March took inflation further above Banxico’s target and means that interest rates are likely to be left unchanged at 6.75% at next month’s meeting...