Australia & New Zealand Economics Weekly The case for back-to-back hikes by the RBA Data released this week continue to indicate that the Australian economy is running up against capacity constraints. The relatively modest pickup in wage growth last quarter belies the fact that unit... 20th February 2026 · 5 mins read
Japan Rapid Response Japan Consumer Prices (Jan. 2026) With price pressures showing signs of softening, the Bank of Japan won’t be in a rush to resume its hiking cycle. However, we still believe conditions will be in place for the Bank to raise rates by... 20th February 2026 · 2 mins read
US Economics Update Will the AI buildout be inflationary or disinflationary? The evidence so far shows that the inflationary effects of stronger demand from the AI buildout remain narrow, whereas the disinflationary effects of stronger productivity growth already appear to be... 19th February 2026 · 5 mins read
Middle East & North Africa Economics Weekly US-Iran, Kuwait’s budget, Saudi inflation, AI in the Gulf Unless Iran makes major concessions to reach a new nuclear deal with the US, the threat of US military intervention will rise - particularly given the build-up of forces in the region. Elsewhere... 19th February 2026 · 6 mins read
Latin America Chart Pack Latin America Chart Pack (Feb. 2026) Our Latin America Economics Chart Pack has been updated with the latest data and our analysis of recent developments. Despite a modest acceleration last quarter, aggregate Latin America growth was... 18th February 2026 · 1 min read
Emerging Europe Chart Pack Emerging Europe Chart Pack (Feb. 2026) Our Emerging Europe Chart Pack has been updated with the latest data and our analysis of recent developments. Recent downside inflation surprises across Central and Eastern Europe suggest there may be... 18th February 2026 · 1 min read
Africa Rapid Response South Africa Consumer Prices (Jan. 2026) South Africa’s headline inflation rate edged down to 3.5% y/y in January but this masked a small rise in the core rate which, at the margin, may make policymakers at the Reserve Bank hesitant to... 18th February 2026 · 2 mins read
UK Economics Rapid Response UK Consumer Prices (Jan. 2026) Coming on the back of the further easing in wage growth in yesterday’s release, the decline in CPI inflation from 3.4% in December to 3.0% in January (consensus 3.0%, CE 3.1%, BoE 2.9%) may be just... 18th February 2026 · 3 mins read
Australia & New Zealand Economics Update RBNZ to hold fire on rate hikes until 2027 The new RBNZ Governor, Anna Breman, didn’t rock the boat at her inaugural meeting today. The Committee predictably left rates unchanged, while arguing that risks to the outlook remained two-sided... 18th February 2026 · 3 mins read
Canada Rapid Response Canada Consumer Prices (Jan 2026) The further moderation in core inflation in January lends support to our view that it will decline to 2.0% by the middle of the year, which is a faster pace of disinflation than the Bank of Canada... 17th February 2026 · 2 mins read
Latin America Rapid Response Colombia GDP (Q4 2025) The weak 0.1% q/q expansion in Colombia’s GDP in Q4 was driven by weaker domestic demand and is the first tentative sign that the economy’s recent period of unbalanced growth may be coming to an end... 16th February 2026 · 2 mins read
Africa Rapid Response Nigeria Consumer Prices (Jan. 26) The smaller than expected fall in Nigeria’s headline inflation rate to 15.1% y/y in January is unlikely to worry policymakers at the Central Bank of Nigeria given that core price pressures continued... 16th February 2026 · 2 mins read
US Economics Weekly Improving jobs market weakens case for more Fed cuts January's employment report was about as good as could have been hoped for, with a 172,000 rise in private payrolls comfortably beating expectations and the unemployment rate dropping further to 4.3%... 13th February 2026 · 10 mins read
Africa Economics Weekly Ramaphosa's SONA, CBN steps up FX liquidity South Africa’s President Cyril Ramaphosa used his State of the Nation address to outline bold plans to tackle crime and improve infrastructure, but delivering on this will be challenging given the... 13th February 2026 · 7 mins read
Latin America Economics Weekly Mexico’s core inflation worries, Colombia’s imbalances The rise in Mexican core inflation last month looks worrying on the face of it, but it was driven by excise duty hikes, which Banxico is likely to look through it. A 25bp interest rate cut at the... 13th February 2026 · 5 mins read
US Rapid Response US Consumer Prices (Jan 2026) The 0.28% m/m increase in core CPI in January was mainly due to a bigger 0.38% m/m gain in core services prices, with core goods prices unchanged, suggesting that tariffs and unseasonably large hikes... 13th February 2026 · 2 mins read
