Canada Data Response Teranet-National Bank House Prices (Oct.) House price inflation remained at 5.6% in October and the high home sales-to-new listings ratio indicates that it might rise as high as 6.0% by the end of the year. The national average continues to... 12th November 2015 · 1 min read
India Data Response Consumer Prices (Oct.) & Industrial Production (Sep.) The increase in India’s consumer price inflation in October doesn’t put the RBI’s inflation target for January 2016 under threat, but it underlines that policymakers cannot be certain that they will... 12th November 2015 · 1 min read
Europe Data Response Swedish Consumer Prices (Oct.) The very low rate of inflation in Sweden in October suggests that the Riksbank will need to put any lingering concerns about household debt to one side and increase its monetary policy support in... 12th November 2015 · 1 min read
Europe Data Response French CPI (Oct.) Although France’s headline inflation rate ticked up in October, price pressures across the euro-zone’s core economies remain very weak, supporting the case for more policy support from the ECB. 12th November 2015 · 1 min read
Nordic & Swiss Data Response Swedish Consumer Prices (Oct. 15) The very low rate of inflation in Sweden in October suggests that the Riksbank will need to put any lingering concerns about household debt to one side and increase its monetary policy support in... 12th November 2015 · 1 min read
Latin America Data Response Mexico Industrial Production (Sep.) The further pick-up in Mexican industrial production growth in September, to 1.7% y/y, suggests that the sector may finally be finding its feet. But overall, industry probably contributed only a... 11th November 2015 · 1 min read
Middle East & North Africa Data Response Saudi Arabia Consumer Prices (Oct.) Saudi inflation edged up for the second consecutive month in October, to 2.4% y/y, a fresh high for this year. Even so, low global commodity prices and slower economic growth should keep price... 11th November 2015 · 1 min read
Europe Economics Update Is the Greek economy out of danger? The recent run of surprisingly strong data from Greece does not mean that the economy is out of danger. Not only has some survey evidence painted a much gloomier picture, but the full adverse economic... 11th November 2015 · 1 min read
Canada Economics Update Growing labour market slack to restrain core inflation Recent headline employment gains mask a deterioration in underlying labour market conditions. If, as we fear, the economy continues to struggle in response to the worsening oil price slump, then... 10th November 2015 · 1 min read
China Data Response Consumer & Producer Prices (Oct.) Volatile food prices aside, price pressures were largely stable in October. Looking ahead, we expect inflation to edge higher in the coming months. But the window for further interest rate cuts will... 10th November 2015 · 1 min read
Middle East & North Africa Data Response Egypt Consumer Prices (Oct.) The further rise in Egyptian inflation to 9.7% y/y in October was driven almost entirely by an increase in the food component, which is highly volatile. Stripping out food prices, inflation actually... 10th November 2015 · 1 min read
Latin America Data Response Mexico Consumer Prices (Oct.) October’s 2.5% y/y rise in Mexican consumer prices is unlikely to change the near-term monetary policy outlook given that it was in line with expectations and unchanged from September. Instead, with a... 9th November 2015 · 1 min read
Emerging Europe Data Response Turkey Ind. Prod. (Sep.) & Czech CPI (Oct.) The slowdown in Turkish industry in September means that industrial production growth over Q3 as a whole was a little slower than in Q2. Elsewhere, the weaker-than-expected inflation data from the... 9th November 2015 · 1 min read
UK Economics Weekly Closer than it looks Downgrades to the Bank of England’s inflation projections in its Inflation Report last week were widely anticipated. Nonetheless, sterling’s tumble against the dollar and the euro after its release... 6th November 2015 · 1 min read
Canada Economics Weekly Even the bulls are nervous about housing now Investors who have paid attention to indicators of growing imbalances in Canada’s hot housing market over the years won’t be surprised by recent warnings of potential housing corrections from certain... 6th November 2015 · 1 min read
US Economics Weekly Business investment not unusually low The current level of business investment is not unusually low, with firms opting to use funds to pay dividends or buy back equity instead. Nevertheless, that doesn’t mean the outlook for business... 6th November 2015 · 1 min read
