Asia Economics Update India mired in stagflation The latest output and inflation data suggest India is now suffering from stagflation. Industrial production has stopped growing while inflation is stuck at around 7%. What’s more, there is little... 14th August 2012 · 1 min read
UK Economics Weekly No gold medal for the economy The Olympic mood was abruptly punctured by Mervyn King as he presented the Bank of England’s Inflation Report last week. Although the lower near-term profile for inflation was good news, this was... 13th August 2012 · 1 min read
Canada Data Response Labour Force Survey (Jul. 12) July's surprisingly large 30,400 decline in employment, following two months of paltry gains, is a bad start to the second half of this year. Admittedly, the underlying details were better than the... 10th August 2012 · 1 min read
Canada Chart Pack Canada's sub-par economic performance The below par 2% rate of Canadian GDP growth over the first half of this year must be a concern for policy makers, particularly when the chances are that growth will slow even further in the second... 9th August 2012 · 1 min read
Japan Economics Update Recovery starting to unravel The Economy Watchers’ Survey, published today, adds to the growing body of evidence that Japan’s economic recovery has not just paused but has started to unravel. Worryingly, labour market conditions... 8th August 2012 · 1 min read
Emerging Europe Economics Focus Playing the long game We are among the most bearish forecasters on the near-term prospects for Emerging Europe and expect the region to underperform the rest of the emerging world over the next couple of years. But looking... 8th August 2012 · 1 min read
US Data Response Employment Report (Jul.) The bigger than expected 163,000 increase in non-farm payrolls in July, up from a muted 64,000 in June, will ease fears that the US economy is following Europe into recession. If this proves to be the... 3rd August 2012 · 1 min read
Japan Economics Weekly Trouble in Japan's labour market The recent fall in Japan’s unemployment rate looks less encouraging when we consider that the level of employment has been little changed for three years. Much of the decline in unemployment is due to... 3rd August 2012 · 1 min read
Asia Economics Weekly No quick fix to India and Pakistan’s power problems India attracted international headlines for all the wrong reasons (again) following massive power cuts that left half of its population without electricity for two days. Power cuts are alsoa big issue... 3rd August 2012 · 1 min read
Japan Economics Update Recovery loses more steam The latest figures on Japan’s economy do little to assuage fears that the recovery has lost its way. The sharp fall in the manufacturing PMI in July suggests that the industrial sector continues to... 31st July 2012 · 1 min read
Europe Data Response Euro-zone Unemployment (Jun.) & Flash CPI (Jul.) With euro-zone inflation unchanged at 2.4% in July and unemployment at a record high in June, households’ incomes are under growing downward pressure. 31st July 2012 · 1 min read
US Economics Weekly Rising dollar another drag on growth The recent increase in the dollar, to close to a two-year high against the euro, represents another headwind for US exporters when they already have to contend with the easing in demand in Europe and... 27th July 2012 · 1 min read
Japan Economics Weekly Energy prices determining inflation in Japan The latest figures for the consumer price index in June showed the economy continues to struggle to escape deflation. Underlying price pressures remain very weak with energy prices determining short... 27th July 2012 · 1 min read
Canada Economics Update Labour market improvement unlikely to be sustained Labour market conditions have steadily improved since the economic recovery took hold in mid-2009. This improvement, however, is partly due to a sharp rebound in construction activity. Although... 27th July 2012 · 1 min read
Europe Economics Weekly Three little words The markets got very excited about three little words at the end of last week. Spanish and Italian bond yields plunged, and the euro and euro-zone stock markets rose sharply, in response to ECB... 27th July 2012 · 1 min read
Asia Economics Weekly No need to worry over spike in agricultural prices The prices of many agricultural commodities have risen strongly over the past couple of months, raising fears of a sharp rise in inflation across the region. However, we believe the recent spike in... 27th July 2012 · 1 min read
