The larger-than-expected fall in Chile’s inflation to 3.7% y/y in March has increased the chances of the central bank delivering another 75bp cut at its next meeting in May, although we still think...

The latest data are consistent with our view that the euro-zone will remain close to recession in the near term. With the labour market softening and inflation continuing to fall, the ECB is very...

Egypt’s headline inflation rate slowed from 35.7% y/y in February to 33.3% y/y in March despite the near 40% fall in the pound’s official exchange rate last month. That said, the effects of the...

This week brought more good news on the outlook for so-called supercore inflation.