Middle East & North Africa Economics Update Egypt hikes interest rates as inflation looks set to rise sharply The Egyptian central bank’s surprise decision to hike interest rates today appears to have been in anticipation of a sharp rise in inflation over the coming months. This follows the government’s... 17th July 2014 · 1 min read
Middle East & North Africa Economics Update Tunisia: challenges remain but outlook is brightening Tunisia’s economy has faced a difficult few years since the country’s revolution in 2011. But assuming that upcoming elections pass smoothly, a return to some form of political stability should lay... 14th July 2014 · 1 min read
Emerging Markets Economics Update Private sector debt remains a concern in some EMs The legacy of the last decade’s sharp rise in private sector debt has kept credit conditions tight and domestic demand weak across a number of EMs over the past few years. And while some of them have... 11th July 2014 · 1 min read
Emerging Markets Trade Monitor EM export growth picks up, but reasons for caution Emerging Market export growth strengthened a little in May and may have accelerated further last month. Even so, the latest country-level trade figures have fallen short of expectations, and suggest... 10th July 2014 · 1 min read
Middle East & North Africa Economics Update Growth in Saudi Arabia eases as boost from oil sector fades Our GDP Tracker suggests that the Saudi economy weakened a touch in May as the boost from the oil sector earlier in the year started to fade while the non-oil sector remained sluggish by past... 10th July 2014 · 1 min read
Commodities Update Is Libyan oil output set to rebound? We are cautiously optimistic about the reopening of some Libyan oil fields and ports. Although previous attempts at restarting production have ended in failure, the deal this time around seems like a... 9th July 2014 · 1 min read
Middle East & North Africa Economics Update Qatar: region’s best performer, but risks rising The Qatari authorities have recently painted a pretty upbeat picture of the economy’s prospects. As we explain in this Watch, while the government is probably right in expecting to see relatively... 9th July 2014 · 1 min read
Middle East & North Africa Economics Update Egypt’s subsidy cuts a good first step but still more to be done The package of energy subsidy cuts unveiled by the Egyptian government over the weekend is a positive first step towards tackling the country’s gaping budget deficit. Further reforms will be needed to... 7th July 2014 · 1 min read
Emerging Markets Economics Update PMIs point to further rebound in EM manufacturing The latest batch of emerging market (EM) PMIs suggests that the rebound in EM manufacturing gatheredpace in June. The best performers are still in Asia and Central Europe, as well as Mexico, but there... 4th July 2014 · 1 min read
Emerging Markets Economic Outlook Crisis fears fade but rebound remains elusive Fears of an EM-wide crisis have receded and the outlook for smaller EM manufacturers is brightening. But structural problems will continue to hold back the largest emerging economies even if, as seems... 3rd July 2014 · 1 min read
Middle East & North Africa Economics Update Saudi economy slows in Q1, likely to weaken further Q1 GDP data showed that the Saudi economy slowed a touch from Q4 on the back of weakness in the non-oil private sector. The latest PMI surveys suggest that growth in this sector stabilised in Q2... 3rd July 2014 · 1 min read
Emerging Markets Financial Risk Monitor Risks remain despite recent calm Financial markets in the emerging world have rallied in the past quarter as fears about the impact of Fed tapering and a hard landing in China have eased. But while the latest Capital Economics Risk... 1st July 2014 · 1 min read
Middle East & North Africa Economics Update Egypt: growth picks up in Q1 as investment rebounds Q1 GDP data published earlier today showed that Egypt’s economy has continued its gradual recovery from last summer’s “second revolution”. And there were some encouraging signs that easing political... 30th June 2014 · 1 min read
Emerging Markets Activity Monitor Growth in the BRICs remains disappointing Our Tracker suggests that GDP in the emerging world, in aggregate, has expanded by around 4.5% y/y in recent months which is in line with Q1’s outturn. Some of the more open EM economies have gathered... 30th June 2014 · 1 min read
Emerging Markets Economics Update The winners and losers from another oil price shock The escalation of violence in Iraq over the past week or so has led to concerns that unrest in the Middle East might trigger another spike in oil prices. As it happens, the impact on world oil markets... 25th June 2014 · 1 min read
Emerging Europe Economics Update Recent increase in oil price poses little threat to EM inflation The recent increase in oil prices is unlikely to have much of an impact on EM inflation, which in most places looks set to remain fairly benign. 24th June 2014 · 1 min read
