Canada Data Response Consumer Price Index (Sep.) September's slightly weaker than expected core inflation reading is consistent with the increase in economic slack over the past year. With the Bank of Canada's export-led recovery hopes likely to... 18th October 2013 · 1 min read
Middle East & North Africa Economic Outlook Non-oil economies set for recovery The MENA region’s non-oil economies remain fragile, but a recovery of sorts is likely over the next year. In Egypt, growth will be supported by the government’s Gulf-funded stimulus package, while... 17th October 2013 · 1 min read
Emerging Europe Economics Update Inflation to stay low even as growth recovers Inflation in Central and South Eastern Europe slowed to a record low in September and is likely to remain subdued throughout 2014, even as growth recovers. This in turn should mean that monetary... 16th October 2013 · 1 min read
Latin America Economics Update Stagflation here to stay in Venezuela Inflation in Venezuela may now be close to peaking, but it will remain between 30-50% for the foreseeable future - comfortably the highest rate in Latin America. This in turn will remain a major... 15th October 2013 · 1 min read
Global Economic Outlook Recovery looking stronger Global growth is likely to accelerate gradually next year as activity in the US gathers pace and the euro-zone's fragile recovery continues. Among the emerging economies, growth in China may slow... 15th October 2013 · 1 min read
UK Data Response Consumer Prices & Producer Prices (Sep.) While a touch disappointing, September's inflation figures were not a material blow to hopes that it will fall back to its target. And we still doubt that the inflation knockouts that underpin the MPC... 15th October 2013 · 1 min read
Asia Economics Update Singapore's outlook is upbeat, despite Q3 contraction Today’s GDP data showed that Singapore's economy contracted in Q3. Nevertheless, the outlook remains upbeat. As such, the MAS saw no reason to change its policy stance at its meeting today. We do not... 14th October 2013 · 1 min read
Japan Chart Pack As good as it gets? Japan’s export-oriented manufacturing sector is benefiting from the recovery in the global economy and the weakness in the yen, but the signals on domestic demand are mixed. Business spending does... 10th October 2013 · 1 min read
Japan Data Response Machinery Orders (Aug.) & Consumer Confidence (Sep.) A surge in core machinery orders suggests that business investment should continue to recover. Meanwhile, a strong rebound in consumer confidence highlights that households remain willing to spend... 10th October 2013 · 1 min read
China Economics Update Inflation Monitor (Oct.) Consumer price inflation probably rebounded last month, thanks to a rise in vegetable price inflation. In general though, inflation in most areas is stable, with no sign that the economy’s summer... 10th October 2013 · 1 min read
Latin America Economics Update Brazil and Mexican inflation falls despite currency weakness So far there is no evidence that weak currencies are pushing up inflation in Latin America. Inflation edged down in both Brazil and Mexico in September and it should fall further over the next six... 9th October 2013 · 1 min read
Europe Economic Outlook Growth prospects improve, but crisis unresolved The European economy has shown further signs of recovery, with the euro-zone finally emerging from recession in the second quarter and other parts of the continent also faring better. But growth in... 8th October 2013 · 1 min read
Asia Economic Outlook China and India holding back regional rebound GDP growth in Emerging Asia over the next couple of years is likely to remain lacklustre by recent historical standards. The main reason for the subdued outlook is poor growth prospects in the region... 8th October 2013 · 1 min read
UK Economic Outlook Recovery, but the right sort? The recent concerns about the type of economic recovery underway in the UK are overdone. While the recovery still faces some major challenges, we do not believe that an over-reliance on the housing... 7th October 2013 · 1 min read
Latin America Economics Update Uruguayan authorities losing their grip on inflation It’s still early days, but on the basis of the latest data we remain sceptical that Uruguay’s recently revamped monetary policy will be any more successful at bringing inflation under control than the... 4th October 2013 · 1 min read
UK Economics Chart Pack Confidence in the recovery strengthens The economic recovery is becoming more entrenched, with GDP confirmed as having grown by 0.7% in Q2 and expansion evident across all three main sectors of the economy. Meanwhile, sentiment has risen... 3rd October 2013 · 1 min read
