Europe Rapid Response Euro-zone Flash PMIs (August 2023) August’s flash PMIs were worse than expected, particularly in Germany, and are consistent with our view that the euro-zone economy will contract in the third quarter and that underlying price... 23rd August 2023 · 2 mins read
India Economics Focus Mapping India’s energy demand and emissions The government’s ambition of developing a globally-competitive manufacturing sector, combined with relatively slow progress on shifting away from using coal for electricity production, means India... 23rd August 2023 · 12 mins read
Europe Economics Update Boost from tourism is large this year, but will decline While difficult to quantify, we estimate that the growth of tourism added around 0.3% to euro-zone GDP growth in the first half of 2023. However, we think growth will be much slower in the second half... 22nd August 2023 · 4 mins read
Emerging Europe Chart Pack Emerging Europe Chart Pack (Aug. 23) Our Emerging Europe Chart Pack has been updated with the latest data and our analysis of recent developments. Russia, Turkey and Israel had a strong first half to the year, but growth across Central... 22nd August 2023 · 1 min read
Latin America Economics Update Dominican Republic’s economy set for a slowdown The Dominican Republic recorded an impressive post-pandemic recovery, but we think that a combination of a fading boost from tourism, weakness in the US and tight fiscal policy will cause growth to... 21st August 2023 · 2 mins read
Middle East & North Africa Chart Pack Middle East and North Africa Chart Pack (Aug. 2023) Oil output cuts are driving a sharp slowdown in economic growth across the Gulf. The hit to volumes will more than offset the rebound in oil prices but, for now at least, fiscal policy is being kept... 21st August 2023 · 1 min read
Australia & New Zealand Economics Update Will public and foreign demand prevent a recession? With inflation cooling, the government may soon become more willing to support the economy, but we doubt it will provide as much support as it did during the global financial crisis. However, net... 21st August 2023 · 4 mins read
Canada Economics Weekly Bank to remain on hold despite inflation rebound While the renewed rise in headline inflation in July seems concerning, a closer look shows disinflationary pressures are still building in key areas. Together with easing demand, that should give the... 18th August 2023 · 5 mins read
US Economics Weekly Markets on edge ahead of Jackson Hole The continued surge in long-term Treasury yields to their highest level since before the financial crisis, as expectations of an economic re-acceleration have mounted, sets a fraught backdrop ahead of... 18th August 2023 · 5 mins read
Latin America Rapid Response Chile GDP (Q2 2023) Chile’s GDP contracted by a shallower-than-expected 0.3% q/q in Q2, but the fall in output alongside downwards revisions to GDP growth in Q4 and Q1 will keep the door open for the central bank to... 18th August 2023 · 3 mins read
Emerging Europe Economics Weekly Russia’s macro pressures, external conditions tighten Macroeconomic stability risks started to crystallise in Russia this week as the ruble slumped and the central bank intervened with an emergency rate hike. Policymakers are considering further measures... 18th August 2023 · 7 mins read
Emerging Markets Economics Chart Pack Emerging Markets Chart Pack (August 2023) Our Emerging Markets Chart Pack has been updated with the latest data and our analysis of recent developments. EM GDP growth will be weaker than most expect over the coming quarters. And with... 18th August 2023 · 1 min read
