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
Australia & New Zealand Data Response Australia Private Capex Survey (Q4 2022) Private investment picked up firmly last quarter and although firms expect capital spending to remain relatively healthy, their projections are consistent with a slowdown in real terms this financial... 23rd February 2023 · 2 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
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
Event Long Run Drop-In: Fracturing and the global economy and markets through 2050 1677596400 The war in Ukraine. Ageing populations. Rising temperatures.
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
Africa Data Response Nigeria GDP (Q4) Nigeria’s economy recorded a surprisingly large pick-up in GDP growth, to 3.5% y/y, in Q4 but recent disruptions caused by the demonetisation process are likely to have dampened growth at the start of... 22nd February 2023 · 3 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
Europe Data Response German Ifo Survey (Feb.) The further rise in the Ifo in February confirms that the German economy may have been a bit more resilient than we had expected in Q1. But with the index still in recessionary territory and the drag... 22nd February 2023 · 2 mins read
Europe Rapid Response German Ifo Business Climate Indicator (February) 22nd February 2023 · 2 mins read
Europe Economics Update Construction output likely to keep falling The euro-zone’s Composite PMI was much stronger than expected in February, but it excludes the construction sector where prospects are weaker. Tighter financial conditions and softer demand in the... 21st February 2023 · 4 mins read
Global Economics Update PMIs suggest DMs are dodging recession again in Q1 The flash PMIs for February provided more evidence that advanced economies have remained more resilient than expected so far this year. Both the manufacturing and services sectors contributed to this... 21st February 2023 · 3 mins read
Nordic & Swiss Economics Update Property slump leading Sweden into recession Swedish house prices have fallen 18% from their peak and could drop by a further 5% or so from here. This should not cause significant financial stability problems but will be a major drag on economic... 21st February 2023 · 4 mins read
US Chart Pack January strength unlikely to last The resurgence in activity and employment in January means that there is little chance of the economy falling into recession in the first quarter and we now expect GDP growth of 1.5% annualised. That... 21st February 2023 · 10 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
