UK economic growth revised lower as households saved more “The recent rebound in activity from the mild recession has been a bit softer,” said Paul Dales, economist at the consultancy Capital Economics. “While the prospect of higher taxes in the Budget on... 1st October 2024 · Financial Times
Middle East & North Africa Chart Pack Middle East and North Africa Chart Pack (Sep. '24) Our Middle East and North Africa Chart Pack has been updated to reflect the latest data and developments in the region. Headline GDP growth in the Gulf economies will strengthen in 2025 as oil output... 30th September 2024 · 1 min read
Event China Drop-In: Will this stimulus be enough to revive the economy? 1727856000 Economists from our China and Markets teams held a special briefing to assess the recent flurry of stimulus announcements from Beijing.
Africa Economics Weekly CBN surprise hike, Kenya’s turn to Abu Dhabi The Central Bank of Nigeria’s surprise interest rate hike this week highlighted the greater progress that the MPC wants to see on the inflation front and also importantly its steadfast ambition to... 27th September 2024 · 5 mins read
China Economic Outlook Pivot to stimulus lowers immediate risks A pivot towards fiscal and monetary stimulus should support China’s growth in the near-term. But the economy continues to be propped up by investment, still elevated levels of construction, and the... 27th September 2024 · 16 mins read
Emerging Europe Economics Weekly Romania’s fiscal risks, Russian economy under strain Romania’s fiscal watchdog warned this week that the country’s budget deficit could come in a lot wider than the government originally planned this year at 8.0% of GDP, and we think that investors may... 27th September 2024 · 8 mins read
UK Economics Weekly The implications of more public investment A big increase in public investment in the Budget on 30th October would push up demand before any rise in supply is felt. That could mean over the next year or two inflation is a bit higher than... 27th September 2024 · 6 mins read
Africa Chart Pack Africa Chart Pack (Sep. 2024) Falling inflation and looser monetary policy will help GDP growth to accelerate across Sub-Saharan Africa from early next year. But the external environment will provide mixed fortunes, as falling... 27th September 2024 · 0 mins read
China Economics Weekly Stimulus timetable, bank capital injections Chinese equities have soared in response to this week's stimulus announcements, but it will take longer for the real economy to respond. While the PBOC has already reduced bank funding costs, rate... 27th September 2024 · 6 mins read
India Economics Weekly Make in India: 10 years on Though there have been pockets of success, PM Modi's flagship "Make in India" policy initiative - launched 10 years ago this week - has done little to improve the global competitiveness of India's... 27th September 2024 · 3 mins read
China Economics Update New fiscal package being lined up China’s finance ministry appears to be lining up a fiscal support package to deliver on the Politburo’s pledge of additional support for the economy. If a report by Reuters is correct, the package... 26th September 2024 · 5 mins read
Middle East & North Africa Economics Weekly Saudi oil policy, Egypt’s debt return, Israel-Lebanon Saudi Arabia is reportedly set to change tack and raise oil output to recapture lost market share, which would provide a mechanical lift to GDP and the Kingdom is in a strong position to weather any... 26th September 2024 · 7 mins read
China Rapid Response China Politburo Meeting (Sep. 24) The readout of the Politburo’s quarterly meeting on economic affairs has just been published by state media. It acknowledges that new problems have emerged in the Chinese economy recently and calls... 26th September 2024 · 2 mins read
Commodities Update New China stimulus won’t lift commodity demand While the announcement of new stimulus measures by Chinese officials coincided with increases in many commodity prices, the package does not materially alter the outlook for China’s commodity demand... 25th September 2024 · 2 mins read
Canada Economic Outlook Weak growth to prompt more aggressive loosening With the inflation battle all but won, weak GDP growth will force the Bank of Canada into more aggressive action, with a couple of 50bp interest rate cuts to end this year. We expect the Bank to adopt... 25th September 2024 · 14 mins read
