Middle East & North Africa Chart Pack

Middle East and North Africa Chart Pack (Mar. 2024)

The past month has seen Egypt’s economic crisis turn around with the devaluation of the pound, aggressive interest rate hike, and unlocking of a new IMF deal. There have been false dawns before, but...

27th March 2024 · 1 min read

Asia Chart Pack

Emerging Asia Chart Pack (March 2024)

Our Emerging Asia Chart Pack has been updated with the latest data and our analysis of recent developments. Economic growth in most of Emerging Asia is likely to struggle in the near term as weak...

26th March 2024 · 0 mins read

Emerging Europe Economic Outlook

Overheating in Russia and Turkey, recoveries in CEE

Economies in Central and Eastern Europe (CEE) ended last year in stagnation, but headwinds to growth are lifting and we think that 2024 will be a year of modest recovery. Inflation has fallen sharply...

26th March 2024 · 22 mins read

Africa Data Response

Nigeria Interest Rate Announcement (Mar.)

The Central Bank of Nigeria continued its hiking cycle today, raising rates by 200bp to 24.75%, providing further evidence that officials are fighting aggressively to tackle the inflation problem and...

26th March 2024 · 2 mins read

Emerging Europe Rapid Response

Hungary Interest Rate Announcement (Mar.)

The decision by the Hungarian central bank to slow the pace of its easing cycle today, with a 75bp cut to its base rate (to 8.25%) will probably be followed by a further slowdown in the pace of the...

26th March 2024 · 1 min read

Long Run Focus

The fiscal headache of ageing populations

One of the key problems for countries with ageing populations is how to tackle the associated fiscal costs. Those countries which have a good record for structural reform and/or scope to raise taxes...

26th March 2024 · 24 mins read

India Chart Pack

India Chart Pack (Mar. 2024)

Our India Chart Pack has been updated with the latest data and our analysis of recent developments. India retained its title as the world’s fastest-growing major economy last year and the latest data...

26th March 2024 · 1 min read

Asia Economics Update

Sri Lanka: easing cycle has further to go

The Central Bank of Sri Lanka today cut interest rates by a further 50bps and hinted at further rate cuts to come. With inflationary pressures under control and the economic recovery struggling, more...

26th March 2024 · 2 mins read

Middle East & North Africa Economic Outlook

A soft 2024, but faster growth around the corner

Low oil output in the Gulf will constrain GDP growth over the first half of this year. But as this reverses, growth will pick up and by more than most expect. Elsewhere in Middle East and North Africa...

25th March 2024 · 20 mins read

Emerging Europe Economics Weekly

Tusk’s first 100 days, CBRT’s pre-election surprise

The new Polish government (which marks its 100 day milestone today) has successfully unblocked EU funds and delivered a wave of optimism that has helped Poland's financial markets outperform those in...

22nd March 2024 · 7 mins read

Latin America Economics Weekly

Argentina’s surpluses, consumer strength

Argentina’s government ran another bumper primary budget surplus in February, taking President Milei a step closer to his target of achieving a balanced overall budget this year. But while the latest...

22nd March 2024 · 6 mins read

China Economics Weekly

Policy support a temporary prop to construction

Local government financing vehicles are ramping up land purchases to build more public housing, while developers are being given more financing to accelerate work on unfinished projects. This may...

22nd March 2024 · 4 mins read

Africa Economics Weekly

Rates preview: Nigeria to hike, South Africa to hold

The South African Reserve Bank looks set to leave interest rates on hold at 8.25% next week and it now seems an easing cycle won’t begin until after May’s election, the outcome of which could even...

22nd March 2024 · 6 mins read

Emerging Markets Economics Chart Pack

Emerging Markets Chart Pack (March 2024)

GDP growth will come in below consensus in most EMs this year, with the notable exceptions of India and Taiwan. Although stubborn wage growth means the pace of disinflation is likely to slow from here...

22nd March 2024 · 1 min read

Asia Economics Weekly

Political risk in Vietnam; SBP’s hawkish hold

One of Vietnam’s key appeals to foreign investors is its political stability relative to other low-income countries in the region. Given this, the unexplained ousting of President Vo Van Thuong of...

22nd March 2024 · 8 mins read