UK Data Response GDP (Q2 Final) The good news is that the economy is not already in recession. The bad news is that contrary to previous thinking, it still hasn’t returned to pre-pandemic levels. It’s the only G7 economy in that... 30th September 2022 · 3 mins read
Japan Data Response Labour Market, Retail Sales & Activity (Aug. 22) The unemployment rate dropped to a four-month low in August and a continued rise in the job-to-applicant ratio suggests that the labour market will continue to tighten. Meanwhile, both industrial... 30th September 2022 · 4 mins read
Japan Rapid Response Japan Industrial Production & Retail Sales (Aug. 22) 30th September 2022 · 2 mins read
China Data Response PMIs (Sep.) The surveys suggest that China’s economy continued to lose momentum in September, with the global downturn weighing on exports and virus disruptions dealing a fresh blow to services activity. While... 30th September 2022 · 3 mins read
Emerging Europe Economics Update CEE: monetary tightening now biting hard Higher interest rates are already having an impact in CEE and a large part of the tightening of monetary conditions has yet to feed through. This will add to the headwinds facing growth in the coming... 29th September 2022 · 5 mins read
Canada Data Response GDP by Industry (Jul.) Strong gains in the natural resource sector will prevent the economy from contracting this quarter but, with the business surveys deteriorating and the global economy facing recession, it looks... 29th September 2022 · 2 mins read
Africa Chart Pack African central banks stepping up to the plate Just like their peers in advanced economies, monetary policymakers across Sub-Saharan Africa have turned more hawkish recently. Central banks in South Africa and Nigeria hiked interest rates... 29th September 2022 · 12 mins read
Emerging Europe Data Response Economic Sentiment Indicators (Sep.) The EC’s Economic Sentiment Indicators for September out of Central and Eastern Europe revealed a further decline and suggest to us that the region as a whole is at the start of a recession. Meanwhile... 29th September 2022 · 3 mins read
Europe Data Response EC Survey (Sep.) The EC Economic Sentiment Indicator fell to a two-year low in September with business surveys echoing the message from more timely surveys that activity has slowed sharply. With Russia squeezing gas... 29th September 2022 · 2 mins read
Asia Data Response Vietnam GDP (Q3) Vietnam recorded another quarter of strong growth last quarter, and while higher interest rates will act as a drag on demand, strong export demand should ensure the economy continues to outperform. 29th September 2022 · 2 mins read
Emerging Europe Data Response Russia Activity Data (Aug.) Russia’s industrial production and retail sales figures for August suggest that the downturn has bottomed out, but activity is only levelling off and a sustained recovery looks some way off. 28th September 2022 · 3 mins read
Europe Economics Update ECB (like BoE) likely to re-start asset purchases soon The UK financial crisis is a self-inflicted wound, but the sell-off in gilts underlines that there is less fiscal room for manoeuvre than there was when policy rates were close to zero. We think the... 28th September 2022 · 3 mins read
