UK Economic Outlook The hare and the tortoise As the UK struggles to grow, she can only look on with envy at the budding recovery in the US. The UK will continue to lag behind for the foreseeable future. But further ahead, she should be able to... 8th April 2013 · 1 min read
China Economics Update Inflation Monitor (Mar.) Consumer price inflation should have dropped back last month as the seasonal distortion caused by Chinese New Year faded. Looking ahead though, recent falls in pig numbers signal that another pork... 5th April 2013 · 1 min read
Latin America Economics Update What next for Brazilian inflation? Various changes to regulated prices, coupled with general uncertainty over the path of food inflation, mean that it has become increasingly difficult to predict month-to-month changes in Brazilian... 4th April 2013 · 1 min read
Japan Economics Update BoJ sets high bar to establish credibility By committing today to meet a 2% inflation target in two years, Governor Kuroda can justifiably claim to have set the Bank of Japan on a new path. But while markets have welcomed the announcement, the... 4th April 2013 · 1 min read
Europe Data Response Euro-zone Flash CPI (Mar. 13) While headline euro-zone inflation fell again in March, there were some signs of a rise in core price pressures. But these are likely to prove temporary. 3rd April 2013 · 1 min read
Canada Data Response Consumer Price Index (Feb.) The stronger than expected pick-up in headline inflation to 1.2% in February, from 0.5% in January, mostly reflects higher gasoline and motor vehicle prices. It does not alter the near-term outlook... 27th March 2013 · 1 min read
Emerging Europe Economics Update Rise in inflation to be limited Emerging market inflation has risen in recent months and is set to continue along this upward path in the near future. Looking further ahead, however, weak core price pressures combined with the fact... 27th March 2013 · 1 min read
Global Economics Focus Are policymakers going soft on inflation? Recent and prospective changes in the conduct of monetary policy suggest that policymakers may be willing to take slightly greater risks with inflation than they were previously. But we expect... 22nd March 2013 · 1 min read
Middle East & North Africa Economics Update High food inflation could lead to subsidy reform slippage Food inflation in the resource-poor Arab countries should peak in the coming months, albeit at high rates, before falling back in early 2014. But in the near-term, the risk that high inflation... 20th March 2013 · 1 min read
UK Data Response Consumer Prices & Producer Prices (Feb.) UK CPI inflation broke its recent stable run to rise from 2.7% to 2.8% in February. Inflation is likely to pick up further in the near-term. However, the MPC has indicated that it will “look through”... 19th March 2013 · 1 min read
US Economics Weekly Labour market inflation pressures won't amount to much The current signs of inflationary pressure in the labour market will probably amount to nothing. Although we are mindful that accelerating earnings growth could be an early indication that... 18th March 2013 · 1 min read
Asia Economics Weekly Inflation outlook remains benign Inflation has been on a downtrend trend across most of Asia over the past year, allowing central banks to keep monetary policy loose to support domestic demand. In this Weekly we assess the outlook... 18th March 2013 · 1 min read
US Data Response Consumer Prices (Feb. 13) Aside from the rise in gasoline prices, which is now being reversed, it is hard to find any evidence of major consumer price pressures in the economy. This will allow the Fed to maintain its attack on... 15th March 2013 · 1 min read
Europe Data Response Euro-zone Final CPI (Feb.) & Labour Costs (Q4) The latest figures on consumer prices and labour costs in the euro-zone emphasised that the inflation outlook presents no obstacles to the provision of further policy support from the ECB. 15th March 2013 · 1 min read
Emerging Europe Economics Update Russian policymakers still waiting for inflation to fall The high rate of inflation continues to prevent the Central Bank of Russia from easing policy to support the slowing economy. But with inflation now close to peaking, interest rate cuts are possible... 15th March 2013 · 1 min read
Asia Economics Update Uptick in Indian inflation unlikely to impede rate cut Higher-than-expected wholesale price inflation in India has raised some doubts about whether policy easing is imminent. However, a closer look at today’s data shows that core inflation has dropped to... 14th March 2013 · 1 min read
