Emerging Europe Rapid Response Turkey Interest Rate Announcement (Feb.) 23rd February 2023 · 2 mins read
Middle East & North Africa Chart Pack Gulf slowdown underway After a stellar performance for most of 2022, the Gulf economies are slowing. Primarily, that has reflected the impact of oil production cuts agreed with the rest of OPEC+ which is weighing on growth... 23rd February 2023 · 14 mins read
Asia Economics Update Korea: cuts coming sooner than consensus expects The Bank of Korea today left interest rates unchanged (3.5%), but appeared to leave open the door to further hikes later in the year. However, with the economy struggling badly and inflationary... 23rd February 2023 · 3 mins read
Latin America Chart Pack External vulnerabilities to ease as growth weakens The latest data suggest that current account deficits in the region’s major economies narrowed towards the end of last year, which is particularly good news for Colombia and Chile. Both were running... 22nd February 2023 · 15 mins read
Canada Chart Pack Mixed signals from underlying inflation The January CPI data provided mixed signals about developments in underlying inflation. The CPI excluding food and energy and the CPI excluding the eight most volatile components each rose by just 0.1... 22nd February 2023 · 8 mins read
Emerging Europe Chart Pack One year into the war in Ukraine The first year of the war in Ukraine has had an enormous impact on the country’s economy and left it highly dependent on financing from allies. Russia’s economy has contracted too, but it weathered... 22nd February 2023 · 15 mins read
Emerging Markets Economics Chart Pack EMs and the war: one year on The war in Ukraine, which marks its one year anniversary on Friday, has had a profound impact on the emerging world. Ukraine’s economy has collapsed, while Russia’s has contracted too even though the... 22nd February 2023 · 8 mins read
Australia & New Zealand Economics Update RBNZ will stop hiking at 5.25% Even though the Reserve Bank of New Zealand slowed the pace of tightening at today’s meeting, it still signalled a peak in the overnight cash rate of 5.50% by the middle of this year. Our more... 22nd February 2023 · 4 mins read
Japan Economics Update The impact of higher bond yields on public finances The higher bond yields that would follow abandonment of Yield Curve Control would make it more difficult to stabilise Japan’s public finances. But the long maturity of government debt means that the... 22nd February 2023 · 4 mins read
India Chart Pack Adani spill-over risks: not out of the woods yet In a crowded field given the FY23/24 Union Budget and the RBI’s more-hawkish-than-expected policy announcement, the Adani short-selling crisis has been the main story over the past month. So far at... 21st February 2023 · 9 mins read
Asia Economics Focus Korea: recession and rate cuts The near-term economic outlook for Korea is very poor, with falling real incomes, problems in the housing market, and weak global demand all set to weigh on prospects this year. Our forecast is that... 21st February 2023 · 10 mins read
UK Economics Update Comparing CE forecasts to the consensus Being ranked by the Sunday Times as the top UK economic forecaster for 2022 is a great accolade and has generated a lot of interest in what we expect to happen next. Our forecasts for 2023 imply a... 20th February 2023 · 5 mins read
