Middle East & North Africa Rapid Response Middle East & North Africa PMIs (Jan. 2026) January’s PMIs from across the region showed that non-oil sectors across much of the Gulf lost momentum against the backdrop of low oil prices and heightened tensions in the region due to the protests... 3rd February 2026 · 3 mins read
Middle East & North Africa Rapid Response Saudi Arabia Consumer Prices (Dec. '25) Saudi Arabia’s headline inflation rate edged up to 2.1% y/y in December, but it remains weak by EM standards and we expect it to slow over the course of this year. 15th January 2026 · 2 mins read
Middle East & North Africa Rapid Response Middle East & North Africa PMIs (Dec. 2025) December’s batch of PMIs suggested that non-oil sectors in the Gulf softened at the end of last year and we expect this continue over the course of 2026. And while Egypt’s PMI fell back, it continued... 6th January 2026 · 2 mins read
Middle East & North Africa Rapid Response Saudi Arabia Consumer Prices (Nov. 2025) Saudi Arabia’s headline inflation rate dropped to a nine-month low of 1.9% y/y in November and we expect it to ease further, and potentially into deflationary territory, over 2026-27. 15th December 2025 · 2 mins read
Middle East & North Africa Rapid Response Egypt Consumer Prices (Nov. 2025) Egypt’s headline inflation rate eased a touch from 12.5% y/y in October to 12.3% y/y in November despite further rent rises and fuel subsidy cuts. Even so, given the Central Bank of Egypt’s own... 10th December 2025 · 2 mins read
Middle East & North Africa Rapid Response Saudi Arabia Consumer Prices (Oct. 2025) Saudi Arabia’s headline inflation rate was unchanged at 2.2% y/y in October, remaining weak by other EM and Gulf standards, and we expect it to stay subdued as we head into 2026. 13th November 2025 · 2 mins read
Middle East & North Africa Rapid Response Egypt Consumer Prices (Oct. 2025) Egypt’s headline inflation rate rose from 11.7% y/y in September to 12.5% y/y in October, its fastest pace since July, but policymakers at the Central Bank of Egypt (CBE) have plenty of room to... 10th November 2025 · 2 mins read
Middle East & North Africa Rapid Response Middle East & North Africa PMIs (Oct. 2025) October’s batch of whole economy PMIs for the region showed a pick-up, suggesting that non-oil private sectors in the Gulf have continued to fare better than expected amid the backdrop of low oil... 4th November 2025 (Updated 5th November 2025) · 3 mins read
Middle East & North Africa Rapid Response Saudi Arabia GDP (Q3 2025, Flash Estimate) Saudi Arabia’s economy grew by 1.4% q/q in Q3 according to this morning flash estimate, which translated into a pick-up in the year-on-year growth rate from 3.9% in Q2 to 5.0% - the fastest pace... 30th October 2025 · 2 mins read
Middle East & North Africa Rapid Response Saudi Arabia Consumer Prices (Sep. 2025) Saudi Arabia’s headline inflation rate edged down from 2.3% y/y in August to 2.2% y/y in September, which remains weak by EM standards and, as we outlined in a Focus, we think that inflation will ease... 15th October 2025 · 2 mins read
Middle East & North Africa Rapid Response Egypt Interest Rate Announcement (Oct. 2025) The Central Bank of Egypt (CBE) cut its overnight deposit rate by 100bp, to 21.00%, and we expect that policymakers will continue to loosen monetary policy over the rest of this year and into 2026 as... 2nd October 2025 · 2 mins read
Middle East & North Africa Rapid Response Egypt Consumer Prices (Aug. 2025) Egypt’s headline inflation rate decreased from 13.9% y/y in July to 12.0% y/y in August, its slowest pace since March 2022, which supports our view that the Central Bank of Egypt (CBE) can continue to... 10th September 2025 · 2 mins read
Middle East & North Africa Rapid Response Middle East & North Africa PMIs (Aug. ‘25) The whole economy PMIs for August strengthened a little in the Gulf states, though the surveys still suggest that activity private non-oil sectors has softened in Q3. Elsewhere, while Egypt’s PMI fell... 3rd September 2025 · 2 mins read
Middle East & North Africa Rapid Response Egypt Interest Rate Announcement (Aug. ’25) The Central Bank of Egypt (CBE) cut its overnight deposit rate by a larger-than-expected 200bp, to 22.00%, and given our view that inflation will decline further over the rest of the year, we think... 28th August 2025 · 2 mins read
Middle East & North Africa Rapid Response Saudi Arabia Consumer Prices (Jul. 2025) Saudi Arabia’s headline inflation rate slowed from 2.3% y/y in June to 2.1% y/y in July, its weakest pace since February. As we flagged in a recent Focus, we think that inflation will continue to... 14th August 2025 · 2 mins read
Middle East & North Africa Rapid Response Middle East & North Africa PMIs (Aug. ’25) July’s batch of whole economy PMIs were soft across the Gulf as fiscal policy becomes less supportive of non-oil sectors. Elsewhere, Egypt’s economic recovery has continued to strengthen, supported by... 5th August 2025 · 2 mins read
