The 0.4% m/m gain in core CPI in April was largely due to the expected jump in owners’ equivalent rent and another gain in airfares, rather than reflecting a significant broadening of inflation...

The rise in Brazilian inflation to 4.4% y/y in April shouldn't prevent the central bank (BCB) from continuing with its cautious monetary easing cycle. We expect 25bp interest rate cuts at each of the...

The fallout from the Iran War pushed up inflation again in April but price pressures remain narrow in scope and aren't likely to build into a wider reflationary impulse. Inflation looks set to climb a...