India Rapid Response India GDP (Q2 2025) The surprise acceleration in India’s GDP growth in Q2 means that the economy is still on course to expand by a world-beating 7% this year, despite the upcoming hit from punitive US tariffs. 29th August 2025 · 2 mins read
China Economics Weekly China spurns Nvidia as it plans domestic AI boom Rather than welcoming improved access to Nvidia chips, Chinese officials are discouraging purchases and focusing on boosting domestic chip output. This dovetails with a wider AI+ plan, fleshed out... 29th August 2025 · 6 mins read
Asia Economics Weekly Encouraging signs of economic turnaround in Korea The monthly activity data released over the past week suggest that Korea’s economy made a decent start to the third quarter. Stronger consumption and rising government spending should support growth... 29th August 2025 · 6 mins read
Japan Economics Weekly Tight labour market will prompt further BoJ tightening There are signs that the economy is losing momentum in response to US tariffs. However, with the labour market still extremely tight and inflation running well above the Bank of Japan’s 2% target, we... 29th August 2025 · 5 mins read
Australia & New Zealand Economics Weekly Strong data out of Australia, Luxon’s faux pas There are tentative signs that the Australian economy may be starting to heat up. We learnt that underlying inflation accelerated anew in July, while a new ABS survey showed that firms are becoming... 29th August 2025 · 5 mins read
Japan Rapid Response Japan Industrial Production & Retail Sales (July 25) The July activity data were a mixed bag but on balance suggest that the economy will lose momentum this quarter. 29th August 2025 · 2 mins read
Canada Economics Update Tariff rate appears manageable Estimates from the US International Trade Commission (USITC) suggest that Canadian exporters faced an average tariff rate of just 2.5% in June. Even if that figure understates the bill, as we suspect... 28th August 2025 · 4 mins read
China Chart Pack China Chart Pack (Aug 25) China’s growth picked up a touch in July, but we expect the economy to remain weak this year. US tariffs will continue to weigh on exports, even as rerouting helps to offset some of the hit. Barring a... 28th August 2025 · 0 mins read
US Rapid Response US GDP Q2 (2nd Est) Second-quarter GDP growth was revised up to 3.3% annualised, from 3.0%, for all the right reasons. Growth in final sales to private domestic purchasers was revised up more significantly, to 1.9% from... 28th August 2025 · 2 mins read
Emerging Europe Chart Pack Emerging Europe Chart Pack (Aug. 2025) Our Emerging Europe Chart Pack has been updated with the latest data and our analysis of recent developments. The economies of Central and Eastern Europe generally held up well in Q2 and, despite the... 28th August 2025 · 1 min read
China Activity Monitor CAP: Growth picks up, but economy remains weak Our China Activity Proxy shows that China’s economy accelerated last month, with growth picking up across all sectors. Still, the economy remains far weaker than official estimates suggest. We expect... 28th August 2025 · 1 min read
Emerging Europe Rapid Response CEE Economic Sentiment Indicators (Aug.) The European Commission’s Economic Sentiment Indicators for Central and Eastern Europe (CEE) generally rose in August despite the higher 15% US tariff on the EU coming into force, and point to an... 28th August 2025 · 1 min read
Europe Rapid Response EC Survey (August 2025) August’s business and consumer survey from the European Commission adds to the impression that the damage from higher US tariffs has been limited. Nevertheless, economic growth remains sluggish. 28th August 2025 · 2 mins read
Africa Chart Pack Africa Chart Pack (Aug. 2025) We think economies across Sub-Saharan Africa will weather US tariffs relatively well. Indeed, improved terms of trade (for most) and lower inflation and interest rates should support a modest pick-up... 27th August 2025 · 0 mins read
Middle East & North Africa Economics Update Saudi Vision 2030: where do things stand with five years to go? Saudi Arabia’s Vision 2030 reform programme passed the halfway mark last year and we published an in-depth Focus evaluating the progress so far. This Update takes a fresh look at how close the... 27th August 2025 · 5 mins read
Australia & New Zealand Chart Pack ANZ Chart Pack (Aug. 2025) Our ANZ Chart Pack has been updated with the latest data and our analysis of recent developments. We believe monetary easing has further to run in the Antipodes. The case for policy stimulus is clear... 27th August 2025 · 1 min read
