Latin America Economics Update Judging de la Espriella’s first 100 days Colombian President de la Espriella will mark his first 100 days in office on Sunday, having already taken important steps towards stabilising the public finances. But much bigger tests await in the... 12th November 2026 · 3 mins read
Africa Economics Focus Botswana beyond diamonds Botswana is suffering from a permanent loss of diamond export revenues due to the advent of lab-grown stones. There has been a surprisingly quick adjustment in the economy’s external position, so the... 12th November 2026 · 16 mins read
Latin America Rapid Response Brazil IPCA (Oct. 2026) The weaker-than-expected Brazilian inflation reading for October, of 4.6% y/y, won’t provide much cause for comfort for policymakers at the central bank. The headline rate is still likely to rise in... 12th November 2026 · 2 mins read
Europe Economics Update What history tells us about second-round effects in the EZ There have rarely been significant second-round effects from higher energy prices on wage growth in the euro-zone. And we think the conditions that gave rise to second-round effects in 2008 and 2022 –... 12th November 2026 · 3 mins read
Japan Chart Pack Japan Chart Pack (Nov. 2026) Our Japan Chart Pack has been updated with the latest data and our analysis of recent developments. Japan is benefitting much less than most other Asian economies from soaring AI-related demand. But... 12th November 2026 · 1 min read
Emerging Markets Economics Update Is EM central bank independence coming under threat? Threats to central bank independence in the emerging world remain (thankfully) few and far between, and we aren’t especially concerned about recent developments in India, Czechia or Mexico. However... 11th November 2026 · 4 mins read
US Rapid Response US Consumer Prices (Oct. 2026) The stronger-than-expected in rise in the core CPI in October was similar to September’s in that it was broad based. This cements a December hike, with the strength of inflationary pressures in the... 10th November 2026 · 3 mins read
Latin America Rapid Response Mexico Consumer Prices (October 2026) The rise in Mexican headline inflation to 3.8% last month was driven by higher food inflation but, with core inflation also strong, the data lend weight to our view that inflation won’t fall back to... 9th November 2026 · 2 mins read
China Rapid Response China Consumer & Producer Prices (Oct. 2026) Producer price inflation picked up in October, with higher global energy and AI-related electronics prices continuing to be the main drivers. Domestic price pressures remained weak, with consumer and... 9th November 2026 · 2 mins read
Europe Chart Pack Europe Chart Pack (November 2026) The euro-zone economy slowed a little in Q3 and is likely to continue growing at a sluggish pace in Q4. The core economies are weaker than much of the “periphery” with France in a mild recession and... 6th November 2026 · 0 mins read
Europe Economics Weekly What do the US midterms mean for Europe? The results of the US midterms this week will have been welcomed by European policymakers, not least because they reduce the risk of future tariff increases and could arguably lower policy uncertainty... 6th November 2026 · 5 mins read
Emerging Markets Economics Focus Gauging the macro impact of El Niño The experience from the two most recent El Niños is that the current one is unlikely to cause a major shock to EM growth, but that it could add to inflation and worsen trade balances, particularly in... 5th November 2026 · 16 mins read
US Rapid Response US ISM Services (Oct. 2026) The small fall in the ISM services index suggests activity in the sector lost some momentum at the start of the fourth quarter. Together with the increase in its manufacturing counterpart, this leaves... 4th November 2026 · 2 mins read
UK Economics Chart Pack UK Economics Chart Pack (Nov. 2026) While the economy has been remarkably resilient to higher interest rates and borrowing costs, the coming rise in CPI inflation is likely to dampen real GDP growth from 1.5% this year as a whole to 1.0... 4th November 2026 · 1 min read
Europe Rapid Response Euro-zone HICP (October 2026) October’s euro-zone HICP data confirm that the indirect effects of higher energy costs on food and core inflation remain very small. While these effects will probably build in the coming months, we... 4th November 2026 · 2 mins read
