A lowering of the South Africa’s inflation target is being hotly debated among policymakers and we are now factoring in a change to the target, from 3-6% now to 3±1%, into our forecasts. The Reserve...

Saudi Arabia’s headline inflation rate edged up from 2.2% y/y in May to 2.3% y/y in June and, while it is likely to rise a little further the coming months, we think there will be a return to...

Saudi Arabia’s inflation rate has been remarkably soft relative to most of the emerging world in the post-pandemic era and we think it will slow further – and be weaker than most expect – over the...

The larger-than-expected fall in India’s consumer price inflation to 2.1% y/y in June raises the prospect of the RBI cutting interest rates further at its policy meeting next month. But given the RBI...