Japan Chart Pack Surging inflation won’t last Headline inflation shot up to 3.7% y/y in October, the strongest since December 1990 while inflation excluding fresh food and energy rose from 1.8% to 2.5%. Although this puts inflation well above the... 21st November 2022 · 11 mins read
UK Data Response Retail Sales (Oct.) The 0.6% m/m rise in retail sales volumes was larger than both we (0.0% m/m) and the consensus (+0.2% m/m) had expected. Sales volumes were probably supported by the reversal of bank holiday effects... 18th November 2022 · 4 mins read
China Data Response China Activity & Spending (Oct.) The October data point to a further loss of momentum, with retail sales dropping sharply amid worsening virus outbreaks. November is shaping up to be even worse. With exports cooling, the property... 15th November 2022 · 3 mins read
Global Economics Chart Pack Upside surprises to Q3 GDP not a sign of things to come Many of the Q3 GDP releases of early-reporting economies have beaten consensus expectations in the past few weeks, especially in Europe. Not only did energy-crisis-laden Germany grow in Q3, rather... 11th November 2022 · 13 mins read
Australia & New Zealand Economics Weekly Resilience in consumption won’t last The RBA Deputy Governor this week noted that the Bank is getting closer to the point where it can stop tightening, which creates some downside risks to our above-consensus interest rate forecasts... 11th November 2022 · 6 mins read
Emerging Europe Data Response Turkey Industrial Production & Retail Sales (Sep.) Turkish activity data for September show that industrial production has come under more pressure while retail sales have continued their remarkable resilience in the face of high inflation. On balance... 11th November 2022 · 3 mins read
Australia & New Zealand Chart Pack Monetary policy will be loosened next year With inflation surprising to the upside in Q3, the Reserve Bank of Australia was forced to revise up its near-term forecasts for inflation in its latest Statement on Monetary Policy. What’s more, the... 7th November 2022 · 12 mins read
China Chart Pack Xi’s third term starts with COVID quarantines surging On some measures China’s current COVID situation is about as bad as it has ever been. While far fewer infections are being found daily than at the peak of the Omicron wave, new cases are... 1st November 2022 · 11 mins read
Australia & New Zealand Data Response Australia Retail Sales (Sep. 2022) -We are resending this publication due to an error in the previous email. We apologise for any inconvenience caused.- While retail sales kept rising for the ninth consecutive month in September... 31st October 2022 · 2 mins read
Australia & New Zealand Rapid Response Australia Retail Sales (Sep. 22) 31st October 2022 · 2 mins read
US Rapid Response US Income & Spending (Sep.), Employment Cost Index (Q3) 28th October 2022 · 2 mins read
