Canada Rapid Response Canada GDP (Q3 2025 and Sep) The big upside surprise to GDP growth last quarter was entirely due to a sharp drop back in imports and masks a much more worrying contraction in domestic demand. The declines in household consumption... 28th November 2025 · 3 mins read
Europe Economics Weekly German pension policy: backsliding more than France? While much attention has been given recently to pension policy in France, it has gone almost unnoticed that the German cabinet has approved a pension package that could be significantly more costly... 28th November 2025 · 8 mins read
India Rapid Response India GDP (Q3 2025) India’s economic growth surged in Q3 and came in well above expectations. Punitive US tariffs remain a headwind for the outlook, but prospects for a trade deal with the US appear to have risen lately... 28th November 2025 · 3 mins read
Global Economics Chart Pack Global Economics Chart pack (November 2025) The latest data suggest that the global economy has maintained its momentum at the start of Q4. Global trade and industry have held up well despite US tariffs, although there were signs of cracks in... 28th November 2025 · 1 min read
Japan Economics Weekly Bank of Japan opening the door to December rate hike Recent communication from the Bank of Japan has left the door open to a rate hike in December. However, it’s not clear whether the Bank has already gathered sufficient information on the likely... 28th November 2025 · 4 mins read
Australia & New Zealand Economics Weekly RBA is done cutting rates this cycle With underlying inflation continuing to surprise to the upside and domestic demand being propped up by a revival in private investment, we no longer expect the RBA to loosen policy any further... 28th November 2025 · 5 mins read
Japan Rapid Response Japan Retail Sales & Industrial Production (Oct. 25) Strong increases in industrial production and retail sales in October suggest that Japan’s economy at least stopped contracting this quarter. 28th November 2025 · 2 mins read
Latin America Economics Update AI boom fuelling Mexico’s exports The sharp rise in Mexico’s goods exports in October underscores that the country’s external sector has continued to fare well in the face of US tariffs. That has been helped by a surge in sales of... 27th November 2025 · 3 mins read
China Chart Pack China Chart Pack (Nov. 25) China's economy slowed in October, driven by weaker services sector activity. And the rebound in the trade-weighted exchange rate looks to have weighed on exports, which contracted in y/y terms. We... 27th November 2025 · 0 mins read
Europe Economics Update High-quality job growth supporting Spanish incomes While Spain’s fast rate of employment growth has attracted attention recently, the quality of jobs has also improved. In particular, the information and communication sector has seen significant... 27th November 2025 · 3 mins read
Emerging Europe Rapid Response CEE Economic Sentiment Indicators (Nov.) The European Commission’s Economic Sentiment Indicators for Central and Eastern Europe generally rose in November and point to solid regional growth in Q4. That said, firms’ selling price expectations... 27th November 2025 · 2 mins read
China Activity Monitor CAP: Growth slows, but industry still going strong Our China Activity Proxy suggests that growth slowed last month on the back of weaker growth in services activity. And, despite October’s export slowdown, the industrial sector remained resilient... 26th November 2025 · 1 min read
US Rapid Response US Durable Goods Orders (Sep 2025) September’s durable goods orders suggest investment remain resilient, despite lingering tariff uncertainty, as the AI boom drives strong spending on tech goods. 26th November 2025 · 2 mins read
Australia & New Zealand Economics Update The case for a prolonged pause by the RBNZ The RBNZ has signalled its easing cycle is over and that policy normalisation could be on the agenda as soon as mid-2027. However, it is assuming that spare capacity will diminish much more rapidly... 26th November 2025 · 3 mins read
India Economics Update A more formal, more flexible labour market Sweeping labour market reforms in India have been overshadowed by haphazard implementation and will raise compliance cost for firms in the near term. But once the dust settles, several new measures... 26th November 2025 · 3 mins read
