Middle East & North Africa Chart Pack Middle East & North Africa Chart Pack (Oct. 2025) Our Middle East & North Africa Chart Pack has been updated with the latest data and our analysis of recent developments. We expect the Middle East and North Africa to record its fastest rate of GDP... 28th October 2025 · 1 min read
Japan Economics Focus Faster food inflation increasingly structural The continued strength in food inflation is increasingly being driven by rapid growth in labour costs, not least due to strong minimum wage hikes. With wage growth set to remain strong, we expect food... 28th October 2025 · 14 mins read
US Chart Pack US Chart Pack (Oct. 2025) Strong AI-related business investment and resilient consumer spending means we now expect growth to average near-3% in the second half of the year. The recent slowdown in employment growth and limited... 27th October 2025 · 1 min read
Canada Economics Weekly Trade talks termination emblematic of trade woes President Trump’s termination of trade talks won’t make a big difference to the near-term outlook, given rumours that any imminent deal would only provide modest tariff relief to the metals sectors... 24th October 2025 · 5 mins read
Latin America Economics Weekly All eyes on Argentina’s election, Mexico’s weak economy Argentines head to the polls on Sunday in crucial mid-term elections that will determine the future of President Milei's stabilisation programme. A poor showing for his La Libertad Avanza party would... 24th October 2025 · 8 mins read
Latin America Rapid Response Brazil IPCA-15 (Oct. 25) The small fall in inflation in Brazil, to 4.9% y/y in mid-October, is unlikely to materially change the central bank’s hawkish tone. The start of an easing cycle is approaching, but it’s likely to be... 24th October 2025 · 2 mins read
Europe Economics Weekly Tensions simmering between the EU and China Tensions between the EU and China over rare earths and semiconductors, which continued to simmer this week, could weigh on euro-zone industry, particularly the defence and auto sectors. Next week, the... 24th October 2025 · 10 mins read
Emerging Europe Rapid Response Russia Interest Rate Announcement (Oct.) The decision by the Central Bank of Russia (CBR) to slow the pace of its easing cycle today with a 50bp cut in its policy rate, to 16.50%, was pinned largely on the inflationary impact of the upcoming... 24th October 2025 · 2 mins read
Asia Economics Weekly Taiwan’s booming economy, Korea and Indonesia rates Q3 GDP data due to be released next week are likely to show that Taiwan’s economy recorded another quarter of rapid growth and there are reasons to think that this strength will last a while longer... 24th October 2025 · 7 mins read
Japan Economics Weekly Weaker inflation reduces urgency for BoJ rate hikes While new Prime Minister Sanae Takaichi is reportedly preparing a larger supplementary budget than the one last year, coalition partner Ishin No Kai has dropped its demand to slash the sales tax on... 24th October 2025 · 5 mins read
Latin America Rapid Response Mexico Bi-Weekly CPI (Oct. 2025) The dip in Mexican inflation to 3.6% y/y in the first half of October, combined with the weakness in the economy, means that Banxico is likely to follow through on its forward guidance and deliver... 23rd October 2025 · 2 mins read
ECB Watch ECB Watch: Still in a good place The ECB will leave the deposit rate unchanged at 2.0% next week and we expect Christine Lagarde to repeat that monetary policy is in a “good place”. She might also suggest that the next move in... 23rd October 2025 · 7 mins read
Emerging Europe Rapid Response Turkey Interest Rate Announcement (Oct. 2025) The decision by the Turkish central bank (CBRT) to further slow the pace of its easing cycle today with a 100bp cut to its one-week repo rate, to 39.50%, seems to reflect policymakers’ growing... 23rd October 2025 · 2 mins read
India Chart Pack India Chart Pack (October 2025) After a very strong run, India’s economy faces a more challenging few quarters in the face of punitive US tariffs. But hopes are growing again that these could be reduced. And in any case, domestic... 23rd October 2025 · 1 min read
Emerging Europe Chart Pack Emerging Europe Chart Pack (Oct. 2025) Our Emerging Europe Chart Pack has been updated with the latest data and our analysis of recent developments. The latest data suggest that GDP growth in Central and Eastern Europe generally remained... 23rd October 2025 · 1 min read
Asia Economics Update BoK easing cycle on pause, for now The Bank of Korea kept rates on hold today and cited financial stability risks as a key constraint on further easing. But we think those concerns are overdone and the bank retained its easing bias so... 23rd October 2025 · 3 mins read
