Emerging Markets Economics Chart Pack

Emerging Markets Chart Pack (October 2025)

Our Emerging Markets Chart Pack has been updated with the latest data and our analysis of recent developments. EM growth has been resilient to US import tariffs, but headwinds from fiscal tightening...

16th October 2025 · 1 min read

Event

Drop-In: Nigeria’s economic outlook – Reform momentum and policy risks

23rd October 2025, 3:00PM BST

Nigeria’s economy appears to be responding to President Bola Tinubu’s reforms, with growth accelerating to a four-year high.

Emerging Europe Economics Update

Hungary’s investment slump to ease, but challenges remain

We think the investment slump that has caused Hungary’s economy to underperform its Central European peers is close to bottoming out, but ongoing delays to EU funds and overcapacity in certain parts...

16th October 2025 · 4 mins read

UK Economics Rapid Response

UK GDP (Aug. 2025)

The meagre rise in real GDP in August suggests growth is still being hampered by high interest rates, higher taxes and soft overseas activity. With business sentiment on the floor and employment still...

16th October 2025 · 3 mins read

Canada Rapid Response

Canada Manufacturing Sales (Aug. 2025)

The August manufacturing and wholesale sales data were not as bad as feared, and suggest that despite the 1.0% m/m fall, the tentative manufacturing recovery that we’ve seen since June hasn’t...

15th October 2025 · 2 mins read

Middle East & North Africa Economics Update

Saudi: fiscal tightening to drive growth slowdown in 2026

The Saudi economy has been boosted by the unwinding of oil output cuts this year and this will continue over the coming quarters, but a step up in fiscal consolidation efforts means that overall GDP...

15th October 2025 · 3 mins read

Africa Economics Update

South Africa activity remains bumpy

The South African activity data for August showed that the retail sector is struggling, but it looks like the economy will post reasonable growth in the third quarter on the back of rising output in...

15th October 2025 · 2 mins read

Asia Economics Focus

Prabowo’s first year: abandoning the policy guardrails?

Indonesia’s President Prabowo Subianto will mark a year in office on Monday (20th October). After an encouraging start, a series of protests in recent months have pushed his administration in the...

15th October 2025 · 15 mins read

Europe Rapid Response

Euro-zone Industrial Production (August)

The decline in industrial production in August supports our view that the economy as a whole barely grew in Q3, for a second successive quarter. Prospects for industry remain poor for the foreseeable...

15th October 2025 · 2 mins read

Europe Economics Update

Europe being left behind in the AI boom

While huge investment in AI has been driving US GDP growth this year, Europe has seen a negligible boost to investment. And it seems unlikely that AI investment in Europe will increase by much in the...

14th October 2025 · 4 mins read

Asia Economics Update

Singapore’s growth set to ease but MAS to stay on hold

Singapore’s central bank kept policy settings unchanged today and its accompanying statement was a touch hawkish. With the economy set to slow rather than slump, inflation likely to rise gradually...

14th October 2025 · 3 mins read

Event

Drop-In: US–China trade tensions anew – A high-stakes game of chicken

14th October 2025, 3:00PM BST

Is the latest flare-up in US–China relations simply brinkmanship ahead of a planned Trump–Xi meeting later this month, or a sign of structural tensions that point to a re-escalation of the trade wa

China Economics Update

A high-stakes game of chicken

President Trump has threatened to hit back hard if China doesn’t back away from the trade restrictions it announced last week. This latest dispute could still blow over if cool heads prevail – a...

13th October 2025 · 7 mins read

Africa Economics Weekly

Kenya-Angola fiscal worries, Cocoa Price, Uganda GDP

Angola joined Kenya this week in tapping the dollar bond market, but both countries continue to face fiscal consolidation challenges, meaning sovereign default concerns will linger. Meanwhile, Côte d...

10th October 2025 · 5 mins read

Europe Economics Update

Assessing the impact of Next Generation EU

We estimate that the EU’s pandemic recovery scheme, Next Generation EU (NGEU), will have boosted GDP in countries such as Greece and Italy by around 1.5% over its six-year lifetime. It therefore...

10th October 2025 · 4 mins read