Middle East & North Africa Economics Update Egypt’s central bank still has room to cut in 2026 The Central Bank of Egypt’s (CBE’s) monetary easing cycle has been stop-start and with headline inflation rising in recent months, last night’s decision to keep interest rates on hold was not a... 21st November 2025 · 2 mins read
Europe Economics Weekly Wage growth falling, consumers gloomy, EC optimistic Data published this week confirmed that wage growth is slowing and consumers are downbeat. As a result, household spending growth is likely to remain subdued. Next week, we expect to learn that... 21st November 2025 · 7 mins read
UK Economics Rapid Response UK S&P Global Flash PMIs (Nov. 2025) November’s flash PMIs suggest that GDP growth is unlikely to snapback in Q4 and showed that services price pressures eased sharply. With what is set to be a big tax-raising Budget on Wednesday next... 21st November 2025 · 3 mins read
Europe Rapid Response Euro-zone Flash PMIs (November 2025) November’s flash PMI for the euro-zone was little changed from the reading in October and suggests that the economy has continued to expand only slowly in the fourth quarter, while inflationary... 21st November 2025 · 2 mins read
Australia & New Zealand Economics Weekly Inflationary pressures will abate before long The Reserve Bank of Australia continues to equivocate about the outlook for interest rates, given uncertainty over the extent of spare capacity in the economy. However, with wage pressures showing... 21st November 2025 · 5 mins read
Japan Economics Weekly 10-year JGB yield will reach 2% next year The government indicated this week that it will loosen fiscal policy by around 1% of GDP in the upcoming supplementary budget. Coupled with PM Takaichi giving BoJ Governor Ueda a free hand on when to... 21st November 2025 · 5 mins read
Japan Rapid Response Japan Consumer Prices (Oct. 25) With inflation excluding fresh food and energy remaining above 3%, it won’t be long before the Bank of Japan resumes its tightening cycle. 20th November 2025 · 2 mins read
Middle East & North Africa Chart Pack Middle East & North Africa Chart Pack (Nov. '25) Our Middle East & North Africa Chart Pack has been updated with our latest forecasts and calls to reflect key developments across the region. We expect the Middle East and North Africa to record very... 20th November 2025 · 1 min read
Latin America Chart Pack Latin America Chart Pack (Nov. 2025) Our Latin America Economics Chart Pack has been updated with the latest data and our analysis of recent developments. Aggregate Latin American growth slowed in Q3 and we doubt that there will be a... 20th November 2025 · 1 min read
Event Global Drop-In: Central bank December decisions and the 2026 policy outlook 18th December 2025, 3:00PM GMT The Bank of England and European Central Bank’s final decisions of 2025 follow a week after the Fed’s and close a year in which all three have been trying with mixed success to steer
Emerging Europe Chart Pack Emerging Europe Chart Pack (Nov. 2025) Our Emerging Europe Chart Pack has been updated with the latest data and our analysis of recent developments. The Q3 GDP data out of Emerging Europe confirmed a growing divergence in the region, with... 19th November 2025 · 1 min read
Europe Economics Focus What to make of euro-zone inflation differentials Next year, inflation is likely to remain higher in Spain and Germany than in Italy and France. But unlike in the 2000s, inflation differentials are not currently a sign that unsustainable imbalances... 19th November 2025 · 9 mins read
Emerging Markets Economics Chart Pack Emerging Markets Chart Pack (November 2025) Our Emerging Markets Chart Pack has been updated with the latest data and our analysis of recent developments. EM growth held up well in Q3, although headwinds from fiscal tightening, softer labour... 19th November 2025 · 1 min read
Europe Economics Update Euro-zone inflation to fall below 2% soon Euro-zone inflation has hovered close to or above the 2% target for over a year, but we think it will fall to about 1.5% in January and average just 1.3% in 2026. 19th November 2025 · 4 mins read
Africa Rapid Response South Africa Consumer Prices (Oct. 2025) Although headline inflation in South Africa rose, to 3.6% y/y, last month, the decline in core inflation, to 3.1% y/y, is likely to give policymakers at the Reserve Bank confidence that they can meet... 19th November 2025 · 2 mins read
UK Economics Rapid Response UK Consumer Prices (Oct. 2025) The fall in CPI inflation from 3.8% in September to 3.6% in October (CE, consensus and BoE forecasts all 3.6%) is the second softish inflation release in a row and could well prompt the Governor of... 19th November 2025 · 3 mins read
