Middle East & North Africa Chart Pack

Middle East & North Africa Chart Pack (Sep. 23)

After a sharp slowdown this year, GDP growth across the Middle East and North Africa will improve in 2024 as OPEC+ starts to raise its output quotas and high oil prices allow the Gulf economies to...

28th September 2023 · 1 min read

Africa Economic Outlook

Balance sheet problems to weigh on recoveries

Economic growth across Sub-Saharan Africa is likely to pick up over the coming quarters, but a challenging external environment means that balance of payments positions will remain under strain and...

27th September 2023 · 20 mins read

China Economic Outlook

Stimulus to deliver partial recovery

China’s economy is regaining some momentum after stalling for a brief period during the summer. A step up in policy support looks set to deliver a modest cyclical recovery but trend growth remains...

27th September 2023 · 17 mins read

Middle East & North Africa Economic Outlook

Growth prospects for 2024 improving

After a sharp slowdown this year, GDP growth across the Middle East and North Africa will improve in 2024 as OPEC+ starts to raise its output quotas and high oil prices allow the Gulf economies to...

25th September 2023 · 20 mins read

Japan Economics Update

End of Yield Curve Control won’t spell fiscal disaster

The abandonment of Yield Curve Control would probably prompt the Bank of Japan to reduce its bloated holdings of government bonds, which could push up long-term bond yields. However, there are good...

25th September 2023 · 4 mins read

Africa Economics Weekly

Nigeria’s subsidy and new MPC, South Africa fiscal fear

The recent pick-up in oil prices will provide welcome hard currency income for Nigeria. But, with local fuel prices being kept stable, high oil prices and a weak naira also signal the return of the...

22nd September 2023 · 6 mins read

UK Economics Weekly

Electoral cycle to keep rates high, but deepen cuts in 2025

A loosening in fiscal policy next year ahead of a possible election in late 2024 is another reason to think that the Bank of England will keep rates at their current level of 5.25% until late in 2024...

22nd September 2023 · 6 mins read

Emerging Europe Economics Weekly

Poland-Ukraine dispute, Romania's fiscal reforms

Poland’s announcement this week that it would no longer supply weapons to Ukraine doesn't pose an immediate threat to Ukraine’s war effort, but cracks in support are clearly emerging across the region...

22nd September 2023 · 8 mins read

Asia Economics Weekly

Thai budget, key messages from central bank meetings

Thailand’s new government this week unveiled a budget for fiscal year 2024 which envisages a significant loosening of policy. Higher government spending will provide an important prop to the...

22nd September 2023 · 7 mins read

Japan Economics Weekly

Government benefitting from higher inflation for now

We previously argued that political pressure is one reason to expect the Bank of Japan to tighten policy. However, we suspect the government's stance on inflation has become more ambiguous. While...

22nd September 2023 · 7 mins read

Australia & New Zealand Economic Outlook

Downturn will prompt policy easing next year

Both economies have dodged a recession so far, but we still consider it more likely than not that output will shrink across the second half of the year. With inflation softening and labour markets...

22nd September 2023 · 20 mins read

Latin America Economic Outlook

Brazil and Mexico’s outperformance to end

Brazil and Mexico will outperform others in the region this year, but that’s likely to flip on its head in 2024 as they slow – and by more than most expect – while the Andean economies recover...

21st September 2023 · 21 mins read

Middle East & North Africa Economics Weekly

Egypt’s presidential election, GCC debt, Morocco-IMF

Speculation is mounting that Egypt may bring forward its presidential election, which would go some way towards explaining policy paralysis around the pound. If this persists and a de facto peg is...

21st September 2023 · 6 mins read

UK Economics Rapid Response

UK Public Finances (Aug. 2023)

August's public finances figures continued the recent run of better-than-expected news on the fiscal position. So while the Chancellor has ruled out tax cuts in the Autumn Statement on 22nd November...

21st September 2023 · 3 mins read

India Chart Pack

India Chart Pack (Sep. 2023)

Our India Chart Pack has been updated with the latest data and our analysis of recent developments. India’s economy is showing signs of coming off the boil, and core inflation is moderating. However...

20th September 2023 · 1 min read