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Global Economics Update European households’ costs to soar despite fiscal aid The sharp increases in gas and electricity prices in Europe mean that households there – particularly in Germany and Italy – will see a steep rise in their costs of energy consumption. Accordingly... 28th September 2022 · 7 mins read
Global Economics Update Extra policy tightening to tip the world into recession It is now clear that central banks in advanced economies will raise interest rates even further than our above-consensus forecasts had implied, making the current tightening cycle the most aggressive... 27th September 2022 · 4 mins read
Global Economics Update Central banks won’t flinch at weak PMIs Another month, another batch of PMIs pointing to Q3 GDP having fallen in major advanced economies. Yet despite the deterioration in real activity, as well as some further signs that pipeline price... 23rd September 2022 · 3 mins read
Global Economics Focus When will tourism recover from the pandemic? The post-pandemic recovery in travel and tourism still has some way to go in parts of the world that have been slower to lift restrictions, such as in Asia. And China’s reluctance to move away from... 15th September 2022 · 15 mins read
