The fall in Brazilian inflation, to 5.2% y/y in July, won’t change the outcome of the central bank’s next meeting in September, where interest rates will be left unchanged. But it lends support to our...

The larger-than-expected fall in India’s headline inflation rate in July, to an eight-year low, raises the prospect of the RBI cutting interest rates further this year. But with inflation set to...

Hopes that recent data show China starting to emerge from deflation are likely to be disappointed. The recovery in core goods inflation last month mostly reflects the impact of government subsidies...

The trade deficit narrowed to $60.2bn in June, from $71.5bn. This was the smallest deficit in almost two years, with a normalisation in pharmaceutical goods imports causing total imports to decline by...