Middle East & North Africa Rapid Response Saudi Arabia Consumer Prices (Mar. 2025) Saudi Arabia’s headline inflation rate picked up to 2.3% y/y in March, the fastest pace since the middle of 2023. And inflation strengthened across most categories of the CPI basket, suggesting that... 15th April 2025 · 2 mins read
Middle East & North Africa Rapid Response Egypt Consumer Prices (Mar. 2025) Egypt’s headline inflation rate increased to 13.6% y/y in March, but we still expect policymakers at the Central Bank of Egypt (CBE) to deliver the first interest rate cut in nearly five years at the... 10th April 2025 · 2 mins read
Middle East & North Africa Rapid Response Egypt Consumer Prices (Feb. 2025) Egypt’s headline inflation rate slowed sharply from 24.0% y/y in January to a near three-year low of 12.8% y/y in February, which should pave the way for the Central Bank of Egypt (CBE) to start its... 10th March 2025 · 2 mins read
Middle East & North Africa Rapid Response Egypt Interest Rate Announcement (Feb. ’25) The Central Bank of Egypt (CBE) left its overnight deposit rate unchanged at 27.25% today but, with inflation set to slow sharply over the next couple of months, we think policymakers will start the... 20th February 2025 · 2 mins read
Emerging Europe Rapid Response US-Russia talks don’t signal near-term end to the war The decision by the US and Russia to “lay the groundwork” to end the war in Ukraine marks a potentially significant turning point after three years of conflict. Negotiations will take time and the... 18th February 2025 · 2 mins read
Middle East & North Africa Rapid Response Egypt Consumer Prices (Jan. 2025) Egypt’s headline inflation rate only slowed a touch to 24.0% y/y in January. But with earlier falls in the pound now starting to fall out of the annual price comparison, we expect Egypt’s headline... 10th February 2025 · 2 mins read
Middle East & North Africa Rapid Response Middle East & North Africa PMIs (Jan. 2025) January’s batch of PMIs showed a mixed result as the region’s two largest economies, Saudi Arabia and Egypt, recorded their strongest outturns in several years, while surveys from Kuwait and Qatar... 4th February 2025 · 2 mins read
Middle East & North Africa Rapid Response Saudi Arabia GDP (Q4 2024, Flash Est.) Saudi Arabia’s flash estimate of GDP showed that the economy grew by just 0.3% q/q in the final quarter of 2024, marking the slowest rate of expansion in a year. We think GDP growth will accelerate... 30th January 2025 · 2 mins read
Event Drop-In: Egypt one year on – A progress report on the big policy shift 1741258800 March 6 will mark one year since Egypt embarked on a dramatic shift back to orthodox policymaking. So far, the authorities have stuck to most of their pledges.
Middle East & North Africa Rapid Response Saudi Arabia Consumer & Wholesale Prices (Dec. 2024) Saudi Arabia’s headline inflation rate eased a touch from 2.0% y/y in November to 1.9% y/y in December and it is likely to hover around these rates over the first half of 2025 before slowing toward 1%... 15th January 2025 · 2 mins read
Middle East & North Africa Rapid Response Egypt Consumer Prices (Dec. 2024) Egypt’s headline inflation rate slowed from 25.5% y/y in November to 24.1% y/y in December, its slowest pace in two years. With earlier falls in the pound falling out of the annual price comparison... 9th January 2025 · 2 mins read
Middle East & North Africa Rapid Response PMIs (Dec. 2024) December’s batch of PMIs declined for the most part across the Gulf but we doubt that the strength of non-oil activity will be sustained in 2025, particularly in Saudi Arabia and Kuwait. Elsewhere... 6th January 2025 · 2 mins read
Middle East & North Africa Rapid Response Egypt Consumer Prices (Nov. 2024) Egypt’s headline inflation rate slowed from 26.5% y/y in October to 25.5% y/y in November and, with falls in the pound starting to fall out of the annual price comparison and global food and energy... 10th December 2024 · 2 mins read
Middle East & North Africa Rapid Response PMIs (Nov. 2024) November’s batch of PMIs showed an increase all of the Gulf economies, although there remained some underlying signs that non-oil activity is softening. Elsewhere, Egypt’s PMI improved a touch as... 3rd December 2024 · 2 mins read
Event Drop-In: Trump, OPEC, China – What’s driving oil prices in 2025? 1732719600 An oil market that has mostly looked through a year of Middle East conflict now faces fresh, Trump-shaped, uncertainty.
Middle East & North Africa Rapid Response Saudi Arabia Consumer & Wholesale Prices (Oct. 2024) Saudi Arabia’s headline inflation rate accelerated from 1.7% y/y in September to 1.9% y/y in October, a fourth consecutive rise and the fastest pace of inflation since August 2023. We expect inflation... 14th November 2024 · 2 mins read
