Shipping costs have now risen far enough to start adding to global CPI inflation. However, so far, the boost to prices is probably only in the region of 0.1%, on average. What’s more, surging freight...

Egypt’s headline inflation slowed from 28.1% y/y in May to 27.5% y/y in June, the lowest outturn since the start of 2023. And this came in spite of the baladi bread price hike. Increases to...

The continued decline in inflation in Norway supports our view that Norges Bank will start cutting interest rates before the end of this year, rather than waiting until 2025 as its current guidance...

Consumer price inflation edged down in June. Producer price deflation eased but this was entirely due to base effects. We still expect a slight uptick in CPI inflation over the coming months but...