Asia Economics Update Asia March PMIs, Korea Trade The March PMIs for Asia were generally subdued, supporting our view that GDP growth in the region is set to remain below trend in the near term. And with inflation back to target in most economies, we... 1st April 2025 · 2 mins read
Emerging Europe Chart Pack Emerging Europe Chart Pack (Mar. 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 appear to have ended Q1 on a positive note... 31st March 2025 · 1 min read
UK Economic Outlook UK Outlook: Headwinds strengthen and tailwinds lighten We’ve become more concerned about the outlook for the economy due to the drags from higher businesses taxes and the more uncertain global backdrop being bigger than we thought and the boost from... 31st March 2025 · 17 mins read
Africa Chart Pack Africa Chart Pack (Mar. 2025) Economies across Sub-Saharan Africa are amongst the least affected EMs by the protectionist shift that the US is embracing. And growth in the region is set for a modest pick-up on the back of lower... 31st March 2025 · 0 mins read
China Rapid Response China PMIs (Mar. 2025) The PMIs suggest that infrastructure spending is ramping up again and that exports have so far remained resilient in the face of US tariffs. But the surveys are still consistent with slower GDP growth... 31st March 2025 (Updated 1st April 2025) · 3 mins read
US Economics Weekly US Weekly: Trump shifts tariffs up a gear The Trump administration’s 25% tariffs on most motor vehicle and some parts imports is an upside risk to our inflation forecasts. There have been some hints from the administration that the levies... 28th March 2025 · 8 mins read
Canada Economics Weekly Canada Weekly: Tariffs to tip economy into recession While the US vehicle tariffs announced this week do not pose as large a threat to the Canadian economy as many believe, they reinforce the view that Canada will be hit harder by tariffs than we had... 28th March 2025 · 5 mins read
China Chart Pack China Chart Pack (Mar. 25) Mounting US tariffs will add to a broader slowdown in exports this year. Domestic headwinds are also set to persist. A significant loosening of fiscal policy will help support the economy, but we don... 28th March 2025 · 0 mins read
Europe Economics Weekly Europe Weekly: Trump tariffs dampen the mood With the major business surveys for March now published it is clear that economic activity is still growing slowly at best. The good news about the German fiscal stimulus has boosted sentiment but the... 28th March 2025 · 8 mins read
Canada Rapid Response Canada GDP (Jan. 2025) The stronger-than-expected 0.4% m/m rise in GDP in January, along with an upward revision to the December outturn, shows the economy still had solid momentum at the start of this year. The weak... 28th March 2025 · 2 mins read
Africa Economic Outlook Africa Economic Outlook: Stronger growth but debt concerns to persist Economies across Sub-Saharan Africa are amongst the least affected EMs by the protectionist shift that the US is embracing. And growth in the region is set for a modest pick-up on the back of lower... 28th March 2025 · 19 mins read
Latin America Economics Weekly Latin America Weekly: Mexico: tariffs, carve outs and Banxico Mexico is the most exposed country to the auto tariffs that US President Trump announced this week and, while there are carve-outs for USMCA-compliant trade, these will probably provide little relief... 28th March 2025 · 7 mins read
Emerging Europe Economics Weekly Emerging Europe Weekly: Auto tariffs, Black Sea ceasefire, Israel budget Hungary and Slovakia will be affected more than most if the Trump administration’s announcement of a 25% auto import tariff isn’t reversed. Elsewhere, efforts to secure a Russia-Ukraine ceasefire in... 28th March 2025 · 7 mins read
Europe Economics Focus Risks to the upside for euro-zone net migration Net immigration to the euro-zone has been very high in recent years, and the risks are skewed towards it exceeding the European Commission’s projection of 0.3% per year over the long term. The... 28th March 2025 · 9 mins read
Europe Rapid Response EC Survey (March 2025) The EC survey for March shows a deterioration in business and consumer sentiment in the euro-zone, consistent with GDP doing little more than stagnate in Q1. This is a reminder that while sentiment in... 28th March 2025 · 2 mins read
