Emerging Europe Data Response Economic Sentiment Indicators (Jun.) The EC’s Economic Sentiment Indicators for Central and Eastern Europe showed broad-based declines in sentiment across the region and across sectors in June to levels not seen in a year. Economic... 29th June 2022 · 2 mins read
Europe Data Response EC Survey (June) The decline in EC Economic Sentiment Indicator in June was not as bad as we had feared and paints a more upbeat picture than the PMIs published last week. Nevertheless, the survey also pointed to... 29th June 2022 · 2 mins read
Asia Economics Update Vietnam: on the mend Economic growth in Vietnam accelerated in the second quarter of the year, thanks mainly to a reopening boost and continued strong export demand. We expect the recovery to continue over the coming... 29th June 2022 · 2 mins read
Australia & New Zealand Data Response Australia Retail Sales (May 2022) The strong rise in retail sales in May highlights the strength in the Australian economy and is consistent with our view that the RBA will continue to hike rates aggressively in the months ahead. 29th June 2022 · 2 mins read
Japan Data Response Japan Retail Sales (May 2022) The disappointing rise in retail sales in May poses downside risks to our upbeat forecasts for consumption growth in Q2. Asia Drop-In (30 th June, 09:00 BST/16:00 SGT): Are Asia’s central banks behind... 29th June 2022 · 2 mins read
Latin America Chart Pack High inflation fuels strikes and protests High inflation seems to be causing growing unrest in the region, which threatens to be economically disruptive and raise fiscal concerns. Recent protests in Ecuador have hit its oil sector hard, while... 28th June 2022 · 14 mins read
Global Trade Monitor Rebound in trade likely to prove short-lived Official data showed that world trade rose slightly in April and limited data for May suggest that it probably rose further as disruptions from lockdowns in China eased. But weaker global final demand... 28th June 2022 · 4 mins read
Middle East & North Africa Economics Update Gulf a bright spot We think that rising oil production and high global energy prices will result in rapid GDP growth this year and next across the Gulf economies. Growth is likely to be well above consensus expectations... 28th June 2022 · 3 mins read
Europe Economics Update Gas crisis heightens German recession risk Recent developments have further increased the chance that there is a complete end to Russian exports of gas to Germany. If this occurred, it would lead to a substantial fall in manufacturing output... 28th June 2022 · 3 mins read
China Chart Pack Domestic weakness frees up ports for exports The Omicron virus wave in China appears to have eased global shipping bottlenecks rather than worsened them as many had feared. Firms were able to re-route shipments through other ports to avoid... 28th June 2022 · 12 mins read
Emerging Europe Economics Update Russian sovereign default more symbolic at this stage Russia’s government has now reportedly defaulted on its foreign-currency denominated debt for the first time since 1918, but this is a largely symbolic event that is unlikely to have an additional... 27th June 2022 · 3 mins read
Asia Chart Pack Thai economy to receive tourism boost After more than two years in the doldrums, Thailand’s tourism sector is finally showing signs of life. Arrivals in May reached 520,000 – a 77% increase from the previous month and 19% of the level... 27th June 2022 · 14 mins read
US Data Response Durable Goods (May) The surprisingly robust 0.7% rise in durable goods orders last month was much better than some of the downbeat survey evidence had suggested and is consistent with business equipment investment growth... 27th June 2022 · 2 mins read
Africa Economics Weekly SA corruption and inflation on display, Ghana’s troubles The president of South Africa and the ruling ANC are taking the heat as corruption accusations fly. With political bickering likely to grow, the focus on boosting the economy with much-needed reforms... 24th June 2022 · 5 mins read
Emerging Europe Economics Weekly Governments collapse, Russia set to default Governments in Israel and Bulgaria collapsed this week which may delay support to households over the cost of living. The threat to Bulgaria’s economy is probably greater, as political instability... 24th June 2022 · 6 mins read
Long Run Update Productivity in the pandemic It is still too early to assess the lasting impact of the pandemic on productivity in developed economies. But we remain optimistic that the legacy could be a positive one. 24th June 2022 · 3 mins read
