Europe Rapid Response German Ifo Business Climate Indicator (October) 25th October 2022 · 2 mins read
Global Economics Update PMIs suggest downturns set to worsen October’s flash PMIs provided further evidence that several of the major advanced economies are heading into recessions. The surveys suggest that activity was already contracting at the start of Q4... 24th October 2022 · 3 mins read
Asia Economic Outlook Slowdown to prompt early end to tightening cycle Economic growth in most countries looks set to slow sharply next year as weaker exports and higher interest rates weigh on activity. With price pressures starting to ease, we expect central banks to... 24th October 2022 · 3 mins read
UK Data Response S&P Global/CIPS Flash PMIs (Oct.) The decline in the composite flash PMI to 47.2 in October took it further below the boom-bust level of 50.0, placing it deeper into contraction territory. This is consistent with recent data that... 24th October 2022 · 2 mins read
Europe Data Response Euro-zone Flash PMIs (October) The flash PMIs for October provide yet more evidence that the euro-zone is sliding into quite a deep recession but that inflationary pressures remain intense. 24th October 2022 · 2 mins read
China Data Response China GDP (Q3), Trade & Activity (Sep.) Growth ticked up in Q3 as the hit from the Omicron wave reversed. But this leaves output only slightly higher than where it started the year. And momentum is now weakening again. 24th October 2022 · 4 mins read
Canada Economics Weekly Policy rate heading toward 5% The data released this week showed that higher interest rates are yet to have much of a negative impact on construction or consumption and that core inflation is proving stickier than anticipated... 21st October 2022 · 5 mins read
Asia Economics Weekly Korean consumers facing major headwinds Consumer spending in Korea looks to have held up well recently, but this looks set to change as higher inflation and rising interest rates start to drag on confidence. And with exports set to drop... 21st October 2022 · 7 mins read
Emerging Europe Economics Weekly Falling gas prices doesn’t mean energy crisis is ending The continued fall in European natural gas prices this week is a positive development for economies across Central and Eastern Europe, but the energy crisis will not go away anytime soon and we still... 21st October 2022 · 8 mins read
US Economics Weekly Slump in housing and imports This week’s data releases painted a mixed picture of activity: from the good, to the bad, and the just plain ugly. Canada Drop-In (26th October): We’re holding a briefing on the Bank of Canada... 21st October 2022 · 7 mins read
Emerging Europe Data Response Poland Activity Data (Sep.) September’s industrial production and retail sales figures out of Poland showed that activity continued to recover last month. Even so, it may be touch-and-go as to whether Poland’s economy was... 21st October 2022 · 2 mins read
Japan Economics Weekly Japan economy now in fourth place, but not for long With the yen reaching a 14-year low against the euro, we estimate that Germany's GDP has overtaken Japan's in US$-terms. However, as the yen is now more severely undervalued relative to fundamentals... 21st October 2022 · 5 mins read
