Emerging Europe Data Response Turkey Industrial Production (Jan.) The stronger-than-expected rise in Turkish industrial production in January, of 5.6% y/y, supports our view that the economy is set for another year of robust growth. Nonetheless, the underlying... 8th March 2016 · 1 min read
India Economics Update Inflation to edge down but scope for loosening limited Inflation is likely to have edged down in February as food price pressures have shown signs of abating. The chances of there being perhaps one more rate cut in the near term have risen, but this is... 8th March 2016 · 1 min read
Japan Data Response Consumer Confidence & Economy Watchers Survey (Feb.) The sharp fall in consumer confidence last month shows that the recent market turmoil has taken its toll on sentiment and suggests that households may cut spending further this quarter. What’s more... 8th March 2016 · 1 min read
Emerging Europe Economics Update How successful has Hungary’s unorthodox monetary policy been? Hungary’s National Bank has radically reorganised its monetary policy framework over the past couple of years, in the process moving away from interest rate cuts and turning to increasingly unorthodox... 7th March 2016 · 1 min read
Asia Economics Weekly Inflation to rise, but not by enough to worry policymakers Inflation looks to have bottomed out and is set to rise across most of Emerging Asia over the coming year. However, it will remain relatively low in most places, meaning central banks will be able to... 7th March 2016 · 1 min read
US Economics Weekly Is the rise in auto loans a concern? The rapid growth of auto loans in recent years has prompted claims that the next unsustainable debt bubble is emerging. For now, however, there appears to be little cause for concern. Although the... 4th March 2016 · 1 min read
Europe Economics Weekly How long will deflation last this time? The euro-zone’s latest bout of deflation is likely to prove fairly short -lived. But the medium-term inflation outlook is far too weak for the ECB’s comfort and the threat of a deflationary spiral is... 4th March 2016 · 1 min read
China Economics Update New Year effect pushes up inflation A spike in food prices due to Chinese New Year looks likely to have caused inflation to pick up further in February. Once seasonal volatility has faded, we expect inflation to rise further this year... 4th March 2016 · 1 min read
Emerging Europe Data Response Turkey CPI (Feb.) The much weaker-than-expected Turkish inflation figure for February, of 8.8% y/y, adds to reasons to think that the central bank will continue to resist hiking interest rates. But the key point is... 3rd March 2016 · 1 min read
China Economics Update What to watch at the National People’s Congress China’s annual National People’s Congress starts on Saturday. Among the headline announcements are likely to be GDP growth targets for this year and beyond that are unrealistically high and will do... 2nd March 2016 · 1 min read
Europe Chart Pack Deflation is back... again Recent evidence of a slowdown in the euro-zone’s economic recovery has been accompanied by a drop in consumer price inflation back below zero in February. The fall was partly down to food and energy... 2nd March 2016 · 1 min read
Europe Data Response Euro-zone Flash CPI (Feb.) February’s drop in euro-zone CPI inflation back into negative territory clearly intensifies the pressure on the ECB to announce a decisive increase in its policy support following its meeting next... 29th February 2016 · 1 min read
Canada Economics Weekly Stubbornly high inflation adding to the pain The rebound in headline inflation in January back to the mid-point of the Bank of Canada’s 1% to 3% target range illustrates that the markedly weaker Canadian dollar isn’t all good news. Strong goods... 26th February 2016 · 1 min read
Europe Economics Weekly Why is the euro-zone economy slowing? Last week’s data brought further evidence that growth in the euro-zone economy has slowed in the first quarter of this year. That no doubt partly reflects the heightened concerns over the global... 26th February 2016 · 1 min read
Europe Data Response German, French & Spanish Flash CPI (Feb.) German CPI data revealed that inflation fell back below zero in February and, alongside weak readings for French and Spanish inflation, suggested that the eurozone has re-entered deflation. 26th February 2016 · 1 min read
Japan Economics Weekly Will weak productivity help to reach 2% inflation? Weak productivity developments pose some upside risks to inflation, particularly in services. However, this will be more than offset by the impact of lower consumer import prices on goods inflation... 26th February 2016 · 1 min read
