When it kicked off its easing cycle this week, the RBNZ indicated that it would take a measured approach to cutting rates over the coming months. However, we think the Bank is understating the...

The Colombian economy isn’t nearly as weak as the meagre 0.1% q/q rise in headline GDP in Q2 would suggest; there was a large drag from net trade while domestic demand remained very strong. The strong...

Nigeria’s headline inflation rate eased to 33.4% in July, the first time it had slowed in 18 months, as the passthrough from previous naira falls has finally started to faded. With inflation having...

Saudi Arabia’s headline inflation rate was unchanged at 1.5% y/y in July, but we expect that the headline rate will ease back over the remainder of this year and potentially fall back below 1% y/y by...