Latin America Data Response Brazil & Chile Consumer Prices (Jun.) The rise in inflation in Brazil to 8.9% y/y last month probably seals the deal for another 50bp hike in the benchmark Selic interest rate at this month’s COPOM meeting. Elsewhere, inflation in Chile... 8th July 2015 · 1 min read
China Economics Update Inflation picking up We expect inflation to have risen in June and for further increases in months ahead to quash any lingering concerns over deflation. 8th July 2015 · 1 min read
India Economics Update Pick-up in food inflation should prove fleeting Inflation is likely to have picked up in June. The knee-jerk response may be to link it to the monsoon, but the rise in headline inflation is due more to the collapse in food prices a year ago... 7th July 2015 · 1 min read
Canada Economics Update Economy unlikely to rebound from oil slump The Bank of Canada's latest Business Outlook Survey shows that not only is the fallout from the slump in oil prices still taking a heavy toll on the economy, but the pick-up in non-energy sectors... 6th July 2015 · 1 min read
Global Economics Chart Pack Greek crisis a sideshow for world economy The global economy is likely to expand at a decent pace in the second half ofthe year, despite escalating tensions in Greece and the recent gyrations in China’s equity market. Business surveys have... 3rd July 2015 · 1 min read
UK Economics Chart Pack Recovery in real wages looks sustainable The latest labour market data provided further evidence that the recovery in wages now has momentum. Indeed, the headline (three-month average of the annual) growth rate in average weekly earnings... 3rd July 2015 · 1 min read
Europe Economics Update Greece has room to grow outside the euro The large degree of spare capacity in the Greek economy suggests that it could perform well if the constraints of fiscal austerity and a strong currency were removed via a euro-zone exit. But Greece’s... 3rd July 2015 · 1 min read
Emerging Europe Data Response Turkey CPI (Jun.) The sharp drop in Turkish inflation last month, to 7.2% y/y, was driven almost entirely by a fall in food inflation, while core price pressures remain worryingly strong. Moreover, in contrast to the... 3rd July 2015 · 1 min read
Emerging Europe Economics Update What do July’s utility price hikes mean for Russian inflation? Utility tariffs for Russian households and businesses were raised at the start of this month, fuelling concerns in some quarters that this could trigger a renewed pick-up in inflation. But the key... 2nd July 2015 · 1 min read
Europe Economics Update Sweden’s Riksbank boosts stimulus to weaken krona Sweden’s central bank today stepped up its monetary policy stimulus to protect the nascent uptrend in inflation and fight the recent strengthening of the krona. But with the upward pressure on the... 2nd July 2015 · 1 min read
Nordic & Swiss Economics Update Sweden’s Riksbank boosts stimulus to weaken krona Sweden’s central bank today stepped up its monetary policy stimulus to protect the nascent uptrend in inflation and fight the recent strengthening of the krona. But with the upward pressure on the... 2nd July 2015 · 1 min read
Europe Chart Pack Contagion from Greece limited for now Greece’s crisis escalated further in June, culminating in a default to the IMF, the imposition of capital controls and the expiry of the second bailout programme. In response, Greek 10 year government... 1st July 2015 · 1 min read
Japan Data Response Tankan (Q3) While the Tankan rose last quarter, a range of activity data point to a contraction in GDP in Q2. 1st July 2015 · 1 min read
Latin America Chart Pack China still the key risk for Lat Am While many parts of the emerging and developed world are sweating over the potential fallout from a looming Greek exit from the Euro-zone, a deeper downturn in China remains the key external risk for... 30th June 2015 · 1 min read
Europe Data Response Euro-zone Flash CPI (Jun.) & Unemployment (May) The renewed decline in euro-zone HICP inflation in June highlighted that the ECB still has a lot of work to do to hit its inflation target in the medium term. 30th June 2015 · 1 min read
Asia Chart Pack Risk of “Grexit” hangs over Asia’s export outlook The direct links between Emerging Asia and Greece are very limited. Exports to Greece account for only a tiny proportion of regional GDP, while banking sector ties are negligible. What matters more... 30th June 2015 · 1 min read
