UK Data Response Core price pressures finally starting to ease July’s consumer prices figures should provide some reassurance that underlying price pressures in the UK economy are finally starting to ease. 17th August 2010 · 1 min read
Asia Economics Update India's Reserve Bank tightening still has far to go Recent India data show that inflation pressures have eased while the gain in industrial production has slowed sharply. External risks have climbed too. Nevertheless, non-food inflation is unlikely to... 16th August 2010 · 1 min read
UK Economics Weekly Is the MPC turning a blind eye to inflation? The distinctly dovish tone of last week’s August Inflation Report begs the question of whether the Monetary Policy Committee is damaging the credibility of the policy framework by deliberately turning... 16th August 2010 · 1 min read
Europe Economics Weekly Strong growth for now, but deflation risk remains The news that euro-zone GDP rose by 1.0% in Q2 confirmed that the economy is performing very well, both by its own and international standards. But this might not last. The recovery is still heavily... 16th August 2010 · 1 min read
UK Data Response Bank of England Inflation Report (Aug.) The Bank of England’s August Inflation Report confirmed that the MPC still expects inflation to fall back sharply once temporary upward forces fade. As such, a policy loosening still looks more likely... 11th August 2010 · 1 min read
UK Data Response Bank of England Inflation Report (Aug.) The Bank of England’s August Inflation Report confirmed that the MPC still expects inflation to fall back sharply once temporary upward forces fade. As such, a policy loosening still looks more likely... 11th August 2010 · 1 min read
China Economics Update Further signs of weakness in July data The economy appears to be slowing more rapidly than anticipated a couple of months ago, according to data released today. China’s government has plenty of room to loosen policy to avoid a hard landing... 11th August 2010 · 1 min read
China Economics Update Inflation Monitor (Jul.) Widespread flooding may have pushed food prices higher last month, but sharp falls in inflation are not too far away. 9th August 2010 · 1 min read
UK Data Response UK Ind. Production (Jun.) & Producer Prices (Jul.) The latest data on UK industry suggest that, for now at least, both activity and cost pressures in the sector remain pretty strong. But there are good reasons for expecting both to weaken somewhat... 6th August 2010 · 1 min read
Emerging Europe Economics Update Russia: repeat of 2007/08 inflation surge looks unlikely Concerns that the current drought in Russia will trigger a surge in food prices and a wider pick-up in inflation are increasing. However, a number of factors suggest that a repeat of the food-driven... 3rd August 2010 · 1 min read
Europe Data Response Euro-zone PPI (Jun.)/Spanish Unemp. & Con. Conf. (Jul.) The continued strength of euro-zone producer price inflation, coupled with the recent increase in CPI inflation, may prompt concerns that inflationary pressures are building. But we still expect CPI... 3rd August 2010 · 1 min read
Europe Data Response Euro-zone Flash CPI (Jul.) & Unemployment (Jun.) July’s increase in euro-zone inflation probably reflected developments in energy and food prices, while core inflation remained low. The still high rate of unemployment in the region points to further... 30th July 2010 · 1 min read
Japan Data Response Activity Data & CPI (Jun.) Today's headline data for June were bad, with the unemployment rate unexpectedly rising from 5.2% to 5.3% and industrial production unexpectedly falling by 1.5% m/m. However, these figures probably... 30th July 2010 · 1 min read
Asia Economics Update Vietnam's muddled policy-making gets what is deserved The Fitch downgrade of Vietnam’s foreign currency debt, announced today, was no surprise. Over the last six months domestic policies have see-sawed between fighting inflation and boosting growth while... 29th July 2010 · 1 min read
