Japan Data Response Consumer Prices (Sep.) Inflation didn’t rise any further in September. With the tailwind from higher energy prices set to fade, we think that price gains will level off around 0.5% in coming months. 27th October 2017 · 1 min read
Emerging Europe Economics Update Turkish MPC steps up hawkish rhetoric The hawkish tone of today’s Turkish MPC statement showed an overdue concern with high inflation (and expectations) and suggests that cuts in interest rates are off the agenda. That said, with... 26th October 2017 · 1 min read
China Chart Pack Consumers remain upbeat The latest data on retail sales during China’s National Day “Golden Week” period suggest that consumer demand remains strong. Despite a further increase in overseas tourism during the holiday... 26th October 2017 · 1 min read
India Economics Update Time to switch to a producer price index A recent study from a government-appointed working group has reignited the debate over whether India should switch to a producer price index (PPI) to measure inflation at the early stages of the... 26th October 2017 · 1 min read
Asia Data Response Korea GDP (Q3) GDP growth in South Korea rose to a seven-year high in q/q terms last quarter as the economy brushed off the rising tensions on the Korean peninsula. Provided conflict is avoided, South Korea should... 26th October 2017 · 1 min read
Latin America Economics Update Argentina raises rates, leaves door open to further hikes The decision by Argentina’s central bank to hike its policy interest rate, when most analysts had been expecting the next move to be a cut, is an encouraging sign that policymakers are serious about... 25th October 2017 · 1 min read
Australia & New Zealand Data Response Australia Consumer Prices (Q3) The surge in electricity and gas prices in the third quarter will garner a lot of attention, but the drop back in the headline inflation rate from 1.9% to 1.8% underlines that price pressures remain... 25th October 2017 · 1 min read
Bank of Japan Watch Lower inflation forecasts underline case for loose policy The Bank of Japan will leave policy settings unchanged at the upcoming meeting while further reductions in the Board’s inflation forecasts will underline that policy tightening remains a distant... 25th October 2017 · 1 min read
Latin America Data Response Mexico Bi-Weekly CPI (Oct.) Data showing that Mexican inflation was unchanged in the first half of October compared to September as a whole, combined with the recent deprecation of the peso against the dollar, mean that... 24th October 2017 · 1 min read
Africa Chart Pack Looking beyond the politics Attention this month has focused on political stories in Kenya, South Africa, and Angola. We will continue to cover these issues in other publications. While economic data released over the past month... 24th October 2017 · 1 min read
India Chart Pack Fiscal deficit target under pressure The rapid expansion of the central government’s deficit in the early stages of the fiscal year is a regular occurrence, as revenues tend to get ramped up in latter months. Nevertheless, there are... 24th October 2017 · 1 min read
Japan Data Response Flash Manufacturing PMI (Oct.) Even though the manufacturing PMI weakened a touch this month, it still points to robust gains in industrial output. However, the survey suggests that price pressures will not strengthen any further... 24th October 2017 · 1 min read
Emerging Europe Chart Pack Consumer recovery strengthens The latest economic data suggest that growth in Emerging Europe as a whole picked up further in Q3 and one of the main drivers behind this appears to have been stronger consumer spending. Retail sales... 20th October 2017 · 1 min read
Canada Data Response Consumer Price Index (Sep.) The headline inflation rate rose to 1.6% in September, from 1.4%, but the increase was partly due to higher energy prices, which have already begun to fall back. Although some of the core inflation... 20th October 2017 · 1 min read
Emerging Markets Economics Chart Pack Politics drive latest moves in EM currencies In an otherwise quiet month for EM markets, the sharp falls in the Mexican peso and Turkish lira have stood out. In each case, the triggers have been different – the 7% fall in the peso against the... 20th October 2017 · 1 min read
Japan Economics Weekly How worried should we be about corporate scandals? Recent scandals underline that Japan’s corporate governance practices are still poor. Investors often pay a heavy price as shown by the bankruptcy of Takata and the slump in Kobe Steel’s stock prices... 20th October 2017 · 1 min read
