The large downside surprise to headline inflation in September and muted monthly gains in the CPI-trim and CPI-median core measures support our view that the Bank of Canada will choose a more...

Nigeria’s headline inflation picked up to 32.7% y/y in September, confirming that the CBN’s fears about upside risks from last month’s petrol price hikes were not misplaced. We think the CBN will...

Saudi Arabia’s headline inflation rate rose a touch from 1.6% y/y in August to 1.7% y/y in September, a third consecutive increase and the fastest pace of inflation since February. That said, we think...

Evidence of residual seasonality in the core PCE deflator means there is a risk that core price pressures will rebound in the new year. That said, the residual seasonality is concentrated in core...