Latin America Economics Weekly

Argentina’s IMF review, cautious central banks

The eighth review of Argentina’s IMF programme published this week is a whole-hearted endorsement of President Milei’s economic record. That said, the Fund called on Argentine authorities to take...

21st June 2024 · 8 mins read

Asia Economics Weekly

Thai budget boost, Singapore’s cooling jobs market

Most countries in Asia are planning to tighten fiscal policy as they aim to put government finances on a more secure footing following the pandemic. One exception to this is Thailand, which this week...

21st June 2024 · 6 mins read

Emerging Europe Economics Weekly

CEE easing cycles shifting down a gear

The Hungarian central bank’s decision to opt for a smaller interest rate cut at its meeting this week fits into a broader theme that policymakers in parts of the EM world are moving towards a slower...

21st June 2024 · 8 mins read

Europe Rapid Response

Euro-zone Flash PMIs (June 2024)

The sharp drop in the euro-zone Composite PMI in June suggests a solid recovery in the euro-zone economy is not a done deal, with activity having apparently stagnated this month. Meanwhile, aggregate...

21st June 2024 · 2 mins read

UK Economics Rapid Response

UK S&P Global/CIPS Flash PMIs (Jun. 2024)

June’s composite PMI suggests the economic recovery lost a bit of momentum towards the end of the second quarter. And after two stronger-than-expected inflation prints for April and May, the renewed...

21st June 2024 · 3 mins read

Japan Economics Weekly

Concerns over weaker yen will prompt July rate hike

The Bank of Japan is concerned that the weak yen will result in a renewed acceleration in non-energy goods inflation and we think that the slide of the exchange rate to multi-decade lows this week...

21st June 2024 · 4 mins read

Australia & New Zealand Economics Weekly

Slowdown in activity not due to supply shortages

Some commentators have been arguing that the recent weakness in economic activity reflects a shortfall of supply rather than weaker demand. However, business surveys suggest that supply constraints...

21st June 2024 · 5 mins read

Japan Rapid Response

Japan Consumer Prices (May 24)

The jump in headline inflation in May mostly reflected electricity price hikes that have further to run. By contrast, underlying inflation continued to slow rapidly and it will fall below 2% over the...

21st June 2024 · 2 mins read

Latin America Economic Outlook

Weak growth to make fiscal challenge harder

The economies of Latin America started the year on the front foot, but the strong growth rates recorded in early 2024 are unlikely to be sustained and growth in many parts of the region is likely to...

20th June 2024 · 21 mins read

Latin America Economics Update

What La Niña means for Latin America

There is a growing chance of a La Niña weather pattern taking hold in the second half of this year. While the economic effects would depend on its severity and length, La Niña events tend to coincide...

20th June 2024 · 5 mins read

Asia Economic Outlook

Policy easing to begin soon

We expect economic growth in most countries in Asia to slow in the second half of 2024, as tighter fiscal policy, high interest rates and weaker global growth all weigh on demand. Inflation is back to...

20th June 2024 · 28 mins read

Europe Economic Outlook

On the mend

The euro-zone has come out of a long period of stagnation and will expand at a moderate pace over the coming two years. The recovery will be faster in some southern economies, such as Spain, than in...

20th June 2024 · 28 mins read

Emerging Markets Economics Chart Pack

Emerging Markets Chart Pack (June 2024)

After a strong start to the year, aggregate EM GDP growth will slow over the coming quarters. Within this there will be regional variation, with Emerging Asia the outperformer and Latin America the...

20th June 2024 · 1 min read

India Economic Outlook

Economy in good shape as Modi 3.0 begins

Prime Minister Modi begins his third term with a weakened mandate, but an economy that is primed to grow by 6.5-7% per year between 2024 and 2026. That would put India on course to become the world’s...

20th June 2024 · 16 mins read

Europe Rapid Response

Norges Bank Policy Announcement (June 2024)

Norges Bank’s verbal guidance and updated interest rate projections reinforce the message that it won’t start cutting interest rates until the end of the year at the earliest.

20th June 2024 · 2 mins read