Japan Data Response Labour Market & Industrial Production (Sep.) The strong rise in industrial production in September is consistent with our view that Japan’s economy will rebound faster than most anticipate. Meanwhile, the unemployment rate was unchanged in... 30th October 2020 · 3 mins read
Australia & New Zealand Chart Pack On the road to recovery As restrictions have been lifted in both countries, activity has rebounded. Admittedly, the second draconian lockdown in Victoria will hold back the recovery in GDP in Australia in Q3 and Q4. But we... 29th October 2020 · 11 mins read
Emerging Markets Economic Outlook Asia leading the way The speed and strength of economic recoveries in emerging markets will continue to vary enormously by country, with China and some other parts of Asia leading and India, South Africa and much of Latin... 23rd October 2020 · 26 mins read
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
