Australia & New Zealand Chart Pack Australia & New Zealand Chart Pack (Aug. 2023) Our Australia & New Zealand Chart Pack has been updated with the latest data and our analysis of recent developments. Although central banks in both Australia and New Zealand are unlikely to drop... 14th August 2023 · 1 min read
Australia & New Zealand Economics Weekly Australian households pinch pennies New data from the Australian Bureau of Statistics revealed that real household spending well and truly fell of a cliff in Q2. Moreover, with consumer sentiment in the doldrums, private consumption is... 11th August 2023 · 7 mins read
Europe Rapid Response Euro-zone Retail Sales (June 2023) Euro-zone retail sales fell in June and we expect them to continue to trend down over the rest of this year as high interest rates take an increasing toll on consumers. 4th August 2023 · 1 min read
Australia & New Zealand Economics Weekly RBA unlikely to lift rates any higher With the Reserve Bank of Australia having left its cash rate unchanged for two consecutive meetings, we think its tightening cycle is at an end. Indeed, the RBA appears increasingly concerned that... 4th August 2023 · 4 mins read
Middle East & North Africa Economics Update UAE: a soft 2023, but set to be GCC top performer in 2024 We have collated a range of low-profile activity data for the UAE that point to strong activity in the non-oil economy. But this won’t be enough to offset the impact of oil production cuts. Prospects... 3rd August 2023 · 4 mins read
China Chart Pack China Chart Pack (Jul. 23) China's reopening recovery has fizzled out and the economy is now at risk of slipping into a recession. We think policymakers will provide enough stimulus to avoid this and deliver a modest... 31st July 2023 · 1 min read
US Rapid Response Personal Inc. & Spend. (Jun.), Employment Cost Index (Q2) The slowdown in both the employment cost index of wage growth and core PCE inflation to their lowest levels in nearly two years suggests that resilient activity growth won’t be enough to convince Fed... 28th July 2023 · 2 mins read
Japan Rapid Response Japan Industrial Production & Retail Sales (Jun. 23) June’s activity data were broadly positive for Q2, with both the industrial production and capital goods shipments data suggesting the economy expanded at a decent pace. However, firms’ forecasts for... 31st July 2023 · 2 mins read
Australia & New Zealand Rapid Response Australia Retail Sales (Jun.) The sharp decline in retail sales in June suggests that sales volumes fell for a third consecutive quarter in Q2. With the RBA sounding increasingly concerned about the outlook for household spending... 28th July 2023 · 2 mins read
Canada Economics Weekly Inflation back at 2.0%, at least by one measure Headline inflation fell to 2.8% in June and, excluding mortgage interest costs, was in line with the 2.0% target. While the Bank’s preferred core measures are still higher, the weakness of retail... 21st July 2023 · 5 mins read
UK Economics Rapid Response UK Retail Sales (Jun. 2023) The further increase in retail sales volumes in June suggests the recent resilience in economic activity hasn’t yet faded. But our view that interest rates will rise further, from 5.00% now to a peak... 21st July 2023 · 3 mins read
India Chart Pack India Chart Pack (Jul. 2023) Our India Chart Pack has been updated to reflect the most recent data and developments as well as our latest analysis. Our View: India’s economy is showing signs of coming off the boil and, with... 19th July 2023 · 1 min read
Australia & New Zealand Economics Update Australian consumer hits speed bump Provisional data from the Australian Bureau of Statistics suggest that consumer spending slumped in Q2, as households sharply pared back discretionary expenditure. Faced with falling real incomes and... 19th July 2023 · 5 mins read
US Rapid Response US Retail Sales (June) Despite the modest 0.2% m/m rise in headline retail sales in June, the bigger 0.6% m/m gain in underlying control group sales is a bit more encouraging, although second-quarter consumption growth... 18th July 2023 · 2 mins read
