Europe Economic Outlook Recovery prospects clouded by Greece Recent indicators have brought signs of a renewed recovery in the euro-zone economy, reflecting the beneficial effects of lower oil prices and the decline in the euro exchange rate. But the picture... 8th April 2015 · 1 min read
Global Economics Chart Pack Global growth to recover after weak Q1 For a second successive year, global GDP growth dropped sharply in Q1 due to a slowdown in the US and China. But business surveys, which may be a better gauge of the underlying health of the economy... 8th April 2015 · 1 min read
China Economics Update Uptick in inflation likely to reverse soon After edging up in March, inflation is set to ease again – although remain positive – in coming months before rebounding in the second half of the year. 8th April 2015 · 1 min read
India Economics Update Door for further rate cuts still open Governor Rajan opted not to follow up on March’s rate cut in today’s policy review, with the repo and the reverse repo rates kept on hold at 7.50% and 6.50% respectively. But further rate cuts are... 8th April 2015 · 1 min read
UK Economics Chart Pack Inflation is dead, but should rise again before long For a country that has spent most of its recent history enduring high inflation, the recent release of figures showing that CPI inflation in the UK has now fallen to zero was a watershed moment. What... 7th April 2015 · 1 min read
Japan Economics Update Revised data show that wage growth remains anaemic Revised data show that the base pay hikes agreed upon in last year’s spring wage negotiations were not reflected in aggregate base pay, providing another headwind to higher inflation. 7th April 2015 · 1 min read
China Economics Update Policymakers still have plenty of ammunition Growth looks likely to have slowed sharply in Q1, in spite of recent cuts to the required reserve ratio and benchmark interest rates. This has raised concerns that policymakers are now struggling to... 3rd April 2015 · 1 min read
Latin America Economics Focus Chile set to shift into tightening mode Concerns about the recent strength of inflation in Chile are partly overdone given that it has been elevated by tax hikes which will unwind over the next year. But a relatively buoyant labour market... 3rd April 2015 · 1 min read
BoE Watch “Noflation” unlikely to prompt rate cut We think that the deflation likely to be seen in the coming months will of the “good” sort, lasting only a short while and boosting households’ spending power. So we doubt that a rate cut – as floated... 3rd April 2015 · 1 min read
Emerging Markets Economic Outlook In the footsteps of the Fed? The recent run of poor data from around the emerging world is likely to set the tone for the rest of this year. Brazil’s struggles look set to continue, Russia is likely to slip deeper into recession... 2nd April 2015 · 1 min read
Japan Data Response Tankan (Q1) The small rise in today’s Tankan index for all industries suggests that economic activity remained sluggish last quarter. 2nd April 2015 · 1 min read
Europe Chart Pack Consumers drive the recovery The euro-zone economic recovery has gained some pace thanks to a pick-up in consumer spending growth. The annual growth rate of retail sales volumes rose to near a ten-year high in January, due partly... 1st April 2015 · 1 min read
India Economics Update Why aren’t banks lending more? Recent cuts to policy interest rates should eventually help to boost bank lending in India, the weakness of which has been a significant cause of the economic slowdown over the past few years. But... 1st April 2015 · 1 min read
Europe Data Response Euro-zone Flash CPI (Mar.) & Unemployment (Feb.) The latest data on euro-zone inflation and unemployment did not lift the threat of a prolonged period of deflation in the currency union. 1st April 2015 · 1 min read
UK Data Response GfK/NOP Consumer Confidence (Mar.) The rise in the GfK/NOP composite index of consumer confidence to a 12-year high in March adds to other signs suggesting that households are poised to spend their windfall from lower energy prices. 1st April 2015 · 1 min read
Europe Data Response German Flash CPI (Mar.) March’s rise in German HICP inflation will add to hopes that recent price declines were a temporary phenomenon that will have positive effects on the economy. But with core inflation still very low... 31st March 2015 · 1 min read
