Africa Economics Update Regional growth holding up relatively well A slew of GDP data released since the Christmas period show that growth in a number of sub-Saharan Africa’s smaller economies slowed in the second half of 2012, but nevertheless confirm that the... 9th January 2013 · 1 min read
Emerging Markets Economic Outlook Crumbling BRICs The economic outlook for the emerging world has brightened with most regions on course for a pick-up in growth in early 2013. But expectations for a rapid and sustained rebound are likely to be... 8th January 2013 · 1 min read
Middle East & North Africa Economics Update How far and how quickly will the Egyptian pound fall? With the Central Bank of Egypt (CBE) loosening its grip on the pound, the key question is whether the authorities will succeed in overseeing an “orderly” devaluation of the currency. If an IMF deal... 8th January 2013 · 1 min read
Africa Economics Update Further weakness ahead for Kenyan shilling The Kenyan shilling slipped to a seven-month low against the US$ this morning and we think that growing domestic political risk in the run-up to elections in March, coupled with a large current... 7th January 2013 · 1 min read
Africa Economics Update Big shifts in monetary policy unlikely in the first half of 2013 A combination of renewed optimism over the state of the global economy and an acceleration in regional inflation suggests that the interest rate cuts that had looked imminent in some parts of sub... 3rd January 2013 · 1 min read
Emerging Markets Economics Update Emerging Europe lagging behind in EM recovery Emerging market manufacturing grew at its fastest pace in more than 18 months in December, according to the latest PMI data. However, the improvement in performance was concentrated in Asia and Latin... 3rd January 2013 · 1 min read
Middle East & North Africa Economics Update Egyptian pound has further to fall The Egyptian central bank appears to have shifted from keeping the pound pegged to the dollar to allowing a relatively gradual devaluation. We think this process has further to run and the pound could... 2nd January 2013 · 1 min read
Emerging Europe Economics Update EM inflation drops to near-three-year low Emerging Market (EM) inflation slowed to a near-three-year low in November. Fears of a food-led inflation shock this year have proved to be misplaced, as we had expected. While inflation is likely to... 20th December 2012 · 1 min read
Africa Chart Pack Africa to outperform in 2013 Growth across sub-Saharan Africa (SSA) has held up relatively well in the last few months of 2012. This is despite a weak global backdrop and the continued sluggish performance of South Africa, the... 18th December 2012 · 1 min read
Emerging Markets Economics Chart Pack Another tough year in 2013 Emerging markets (EMs) have endured their most difficult year since the global recession of 2009. GDP appears to have expanded by about 4.8% this year, down from an average of over 6% during the past... 17th December 2012 · 1 min read
Emerging Markets Trade Monitor Export recovery is uneven and lacks strength The recovery in emerging market exports remains uneven, with manufacturing economies, mainly in Asia, continuing to outperform commodity exporters. What’s more, there are already some signs that the... 14th December 2012 · 1 min read
Africa Economics Update What to expect from the ANC Elective Conference News that South Africa’s deputy president Kgalema Motlanthe will challenge incumbent president Jacob Zuma for the leadership of the ruling African National Congress (ANC) has added an extra layer of... 13th December 2012 · 1 min read
Emerging Markets Economics Update A better start to Q4 but Emerging Europe still struggling Our EM GDP Tracker suggests that emerging market growth has accelerated a little in the final quarter of this year. But growth remains subdued by the standards of the past decade and the recent... 13th December 2012 · 1 min read
Emerging Markets Economics Update Exports to euro-zone to remain a source of EM weakness Weak demand from the euro-zone accounts for about two-fifths of the decline in emerging market GDP growth over the past year or so, and the drag looks set to intensify as Europe slides into an even... 12th December 2012 · 1 min read
Africa Economics Focus Kenya: testing times, but brighter outlook beyond next year Our new GDP Tracker for Kenya suggests that the economy has picked up a little pace in the second half of 2012, but that growth remains subdued by recent standards. Looking ahead, the combination of a... 12th December 2012 · 1 min read
Africa Economics Update South Africa: a weak start to Q4 A slew of data released this morning indicate that after slowing sharply in Q3, the South African economy got off to a poor start in Q4. But with inflation likely to accelerate further in the coming... 11th December 2012 · 1 min read
