Middle East & North Africa Economics Weekly

Saudi Arabia’s FII: PIF and AI dominate the headlines

Comments at the Future Investment Initiative in Saudi Arabia this week suggest that the Public Investment Fund will take a step back from driving investment in the Kingdom, paving the way for greater...

30th October 2025 · 6 mins read

Emerging Europe Economics Update

Poland’s credit engine still misfiring

The 30%-pts of GDP decline in Poland’s private sector debt-to-GDP ratio since its recent peak is on a scale typically associated with the aftermath of banking crises. The reasons are more benign in...

30th October 2025 · 4 mins read

China Chart Pack

China Chart Pack (Oct. 25)

While growth picked up in Q3, our China Activity Proxy still suggests that the economy is expanding at a much weaker pace than official figures indicate. Export growth has continued to hold up well in...

30th October 2025 · 0 mins read

Middle East & North Africa Rapid Response

Saudi Arabia GDP (Q3 2025, Flash Estimate)

Saudi Arabia’s economy grew by 1.4% q/q in Q3 according to this morning flash estimate, which translated into a pick-up in the year-on-year growth rate from 3.9% in Q2 to 5.0% - the fastest pace...

30th October 2025 · 2 mins read

Emerging Markets Financial Risk Monitor

EM Financial Risk Monitor (Oct. 2025)

EM financial markets have continued to perform well in the past quarter, with currencies holding firm against the US dollar and sovereign bond spreads narrowing in many places. This has been supported...

29th October 2025 · 1 min read

Africa Economics Update

What to watch as Tanzania heads to the polls?

Tanzania’s presidential election tomorrow is likely to result in a win for incumbent Samia Suluhu Hassan and ongoing investments into infrastructure and the extractives sector will support strong GDP...

28th October 2025 · 4 mins read

China Economics Update

Five-Year Plan aims to rebalance fiscal spending

The full proposals for China’s upcoming Five-Year Plan have just been published. These make it clear that fiscal policy will play a key role in the leadership’s efforts to lift the consumption-to-GDP...

28th October 2025 · 4 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

China Economics Weekly

Five-Year Plan teasers suggest rebalancing will be slow

Officials have pledged to significantly increase the consumption share of GDP. But the wider messaging on China’s upcoming Five-Year Plan suggests that efforts to further expand the supply-side of the...

24th October 2025 · 7 mins read

UK Economics Weekly

Door nudges open for BoE, but window shut for Chancellor

The past two weeks have boosted our confidence in our long-held forecasts that inflation and interest rates will fall further than most expect next year. And while September’s surprisingly soft...

24th October 2025 · 5 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

Middle East & North Africa Economics Weekly

Saudi-US defence talks, Egypt-IMF deal, Morocco 2026 Budget

The US and Saudi Arabia have stepped up security talks ahead of Crown Prince Mohammed bin Salman’s visit to the White House next month. A full defence pact is unlikely to materialise, however, given...

23rd October 2025 · 7 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

UK Economics Rapid Response

UK Public Finances (Sep. 2025)

September’s figures highlight the poor performance of the public finances even though the economy hasn’t been terribly weak. This supports our view that the Chancellor will need to raise about £27bn...

21st October 2025 · 3 mins read