Japan Economics Weekly Strong consumption data, loan growth coming off boil The Cabinet Office’s monthly measure of consumption released this week showed a substantial upward revision for July and a rebound in August. That indicates that the second wave of infections acted as... 23rd October 2020 · 7 mins read
Africa Economic Outlook Weak recoveries, default risks still high Recoveries across Sub-Saharan Africa will be weak, with the region’s three largest economies – Nigeria, South Africa and Angola – set to fare particularly badly. A rebound in tourism sectors has been... 22nd October 2020 · 22 mins read
Emerging Europe Economic Outlook Strong recovery suffers a setback Fresh virus outbreaks and tighter containment measures mean that the economies of Emerging Europe are likely to suffer a fresh downturn in Q4, but we still think that the region will bounce back more... 22nd October 2020 · 28 mins read
Latin America Economic Outlook An uphill struggle The picture has brightened for Latin America as new COVID-19 cases have fallen from their peaks, which should allow governments to ease restrictions and provide a boost to economic recoveries. Even so... 21st October 2020 · 26 mins read
UK Economics Update Government support for employment fading The government is removing some of its support to employment. The national furlough ends on the 31 st October and the new Job Support Scheme is less generous and narrower. As a result, the pace of the... 20th October 2020 · 2 mins read
Australia & New Zealand Economic Outlook Huge policy support paves way for strong recovery Australia and New Zealand have had far greater success in containing the virus than most other large advanced economies. Coupled with huge fiscal support, that means that the recovery in economic... 15th October 2020 · 24 mins read
Australia & New Zealand Data Response Labour Market (Sep.) The drop in employment in September was largely due to weakness in Victoria. As restrictions ease there, we expect the unemployment rate to fall again in the coming months. 15th October 2020 · 2 mins read
UK Data Response Labour Market (Aug./Sep.) The fallout in the labour market from the COVID-19 recession has been worse than previously thought. And with the latest COVID-19 restrictions threatening to stall the economic recovery, if not send... 13th October 2020 · 2 mins read
China Economic Outlook Recovery broadening out China has become the first major economy to return to its pre-virus growth path, thanks to its rapid containment of COVID-19 and effective stimulus response. The rebound initially leaned heavily on... 12th October 2020 · 2 mins read
Japan Chart Pack Rising labour costs to prevent slump in inflation Inflation has held up better than we had anticipated in recent months. The surge in spare capacity suggests that it could weaken more sharply as social distancing measures are relaxed. But we only... 12th October 2020 · 10 mins read
Europe Economics Update Euro-zone labour market slack to rise further Data published by Eurostat yesterday underline that there was a large increase in labour market slack. Looking ahead, it is likely to continue to rise sharply. 9th October 2020 · 2 mins read
Asia Economic Outlook Central banks to resume easing cycles soon With the virus under control in most of the region, Emerging Asia is bouncing back from the crisis faster than other parts of the world. But the pace of recovery is uneven. China is leading the way... 8th October 2020 · 36 mins read
Japan Economic Outlook Recovery could surprise to the upside Japan’s success in containing the virus without imposing draconian restrictions on activity should enable a faster return to pre-virus levels of output than in many major economies. We expect GDP to... 8th October 2020 · 21 mins read
Asia Economics Update Indonesia: reform package boosts long-term prospects The near-term outlook for Indonesia’s economy is dreadful. A failure to contain the virus means the country will experience one of the slowest recoveries in the region. But a series of landmark... 6th October 2020 · 3 mins read
Japan Data Response Labour Market (Aug.) - We are re-sending this publication to all Clients due to a technical error with our emailing system this morning. We apologise for any inconvenience caused. - The unemployment rate edged up again in... 2nd October 2020 · 2 mins read
Europe Data Response Euro-zone Unemployment (August) The small rise in the euro-zone unemployment rate in August suggests that the winding back of short-time work schemes is already starting to take its toll on the region’s labour market. With... 1st October 2020 · 2 mins read
