UK Housing Market Focus How much bigger will the private rented sector get? Over the next three to five years, we think that the most likely scenario is that the private rented sector (PRS) continues to expand. By 2015, it is plausible that 16% or even 17% of households will... 24th November 2010 · 1 min read
UK Data Response GDP: Output, Income and Expenditure (Q3) The second estimate of UK GDP confirmed that the economic recovery was still going strong in the third quarter. But we still have deep concerns about its sustainability in the face of the immense... 24th November 2010 · 1 min read
Europe Data Response German Ifo Survey (Nov.) November’s German Ifo survey suggests that, while the euro-zone’s periphery remains mired in economic gloom, strong German growth is continuing to support the recovery in the region as a whole for now... 24th November 2010 · 1 min read
Japan Chart Pack Jumps in growth and inflation unlikely to be sustained Japan’s economy grew more strongly than most had anticipated in the third quarter and inflation may even have turned positive at the beginning of the fourth. But neither development is likely to be... 23rd November 2010 · 1 min read
US Chart Pack Emerging from the summer slowdown The economy appears to have emerged from its summer soft patch, with the growth of employment and retail sales both accelerating at the start of the fourth quarter. But economic growth is still... 23rd November 2010 · 1 min read
Emerging Europe Economics Update Polish policymakers in 'wait and see' mode The turmoil in the euro-zone’s periphery probably tipped the balance in favour of keeping Polish interest rates unchanged this afternoon and thus delaying a first hike until next month or (more likely... 23rd November 2010 · 1 min read
Canada Data Response Canada Consumer Price Index (Oct.) While past increases in energy prices led to a stronger than expected inflation report in October, this shock is unlikely to be sustained. The knock-on effect of lower commodity prices next year... 23rd November 2010 · 1 min read
Latin America Economics Update Brazilian cabinet beginning to take shape It has been rumoured in the Brazilian press that Henrique Meirelles will step down as Governor of the central bank (BCB) next year, but that Finance Minister, Guido Mantega, will retain his post under... 23rd November 2010 · 1 min read
Europe Economics Update Will Spain be the undoing of the euro-zone? With Ireland finally accepting a bailout, attention has turned to who might be next. Spain’s position is far less precarious, but there are some worrying similarities. And given the economy’s size... 23rd November 2010 · 1 min read
Global Markets Update Should the world care about Ireland? The significance of the crisis in Ireland and the problems in other economies on the fringes of Europe is potentially far wider than their small size would suggest. The exposure of global financial... 23rd November 2010 · 1 min read
UK Housing Market Data Response BBA Mortgage Lending (Oct.) This morning’s marginal rise in the total number of mortgages approved in October is not particularly encouraging, given that approvals for house purchase are still falling. With both lenders and... 23rd November 2010 · 1 min read
Europe Data Response Euro-zone Flash PMIs (Nov.) November’s surprise rise in the euro-zone PMI survey suggests that the economy has continued to expand amid the turmoil in the periphery. 23rd November 2010 · 1 min read
Emerging Europe Economics Focus Hungary's 2011 Budget: an exercise in smoke and mirrors It looks increasingly likely that the Hungarian government will meet, or even outperform, its targets for reducing the budget deficit over the coming years. But with temporary revenue raising measures... 23rd November 2010 · 1 min read
Capital Daily Irish bailout only a partial solution to the euro's problems 23rd November 2010 · 1 min read
Latin America Economics Update Mexico still lagging behind the rest of the region Third quarter GDP data from Mexico were weaker than even we had expected. The economy will probably expand by an eye-catching 5% over the course of this year as a whole, but this has been flattered by... 22nd November 2010 · 1 min read
