The rise in Russian inflation to 8.6% y/y in June, alongside weekly figures suggesting that an even larger rise is possible in July, seals the deal on an interest rate hike later this month. We now...

At first sight, the latest CPI data out of Central and Eastern Europe (CEE) might seem to provide central banks reason for comfort. But a look under the surface paints a more worrying picture...

The rise in Brazil’s headline inflation rate to 4.2% y/y in June was a little softer than expected but the recent weakness in the real and mounting fiscal concerns means that there is no chance that...