Africa Economics Update

Nigeria: a bumpy recovery ahead

The pick-up in Nigerian GDP growth seen in Q2 will probably be followed by a renewed slowdown this quarter. But we think the backdrop of rising oil production, falling inflation and possible interest...

28th August 2024 · 3 mins read

Middle East & North Africa Chart Pack

Middle East and North Africa Chart Pack (Aug. '24)

Our latest Middle East and North Africa Chart Pack has been updated to reflect the latest data and developments in the region. Growth in the Gulf economies is likely to pick up in the coming quarters...

28th August 2024 · 1 min read

India Chart Pack

India Chart Pack (August 2024)

The economy is on course to grow by 6.5-7% per year between 2024 and 2026, which would put India on course to become the world’s third-largest economy in the next couple of years. Headline CPI...

27th August 2024 · 1 min read

US Rapid Response

Durable Goods (Jul.)

The bigger than expected 9.9% m/m rebound in durable goods orders in July was entirely due to a massive rebound in aircraft orders. Excluding transport, core orders fell by 0.2% m/m in July, while...

26th August 2024 · 1 min read

Japan Chart Pack

Japan Chart Pack (Aug. 2024)

Our Japan Chart Pack has been updated with the latest data and our analysis of recent developments. Wage growth is starting to outpace inflation and with real incomes rising, the rebound in consumer...

26th August 2024 · 1 min read

Africa Economics Weekly

Nigeria Q2 GDP and business survey, SA inflation

A central bank survey published this week suggested that businesses in Nigeria are still downbeat on the economy, but we think slowing inflation and a more stable naira may soon bring some near-term...

23rd August 2024 · 5 mins read

Latin America Economics Weekly

Banxico, Chile’s current account, Brazil’s rate hike debate

The data out of Mexico this week, alongside the minutes to the central bank’s August meeting, support our view that Banxico will continue its easing cycle in September. Elsewhere, the further...

23rd August 2024 · 6 mins read

Africa Chart Pack

Africa Chart Pack (Aug '24)

GDP growth looks set for a modest pick up over the coming quarters as inflation falls back in most SSA economies and monetary easing cycles broaden out. The external environment will remain...

23rd August 2024 · 0 mins read

India Economics Weekly

Debate over inflation target misses the point

A longstanding debate in Indian policymaking circles over which measure of consumer price inflation - headline or core - the RBI should target has been reignited in recent weeks. But the more...

23rd August 2024 · 4 mins read

Australia & New Zealand Economics Weekly

RBA will look past buoyant public demand

We are resending this publication because we have adjusted our forecast for the monthly CPI indicator due next week. The minutes of the RBA's August meeting revealed that the Bank remains concerned...

23rd August 2024 · 4 mins read

Emerging Europe Chart Pack

Emerging Europe Chart Pack (Aug. 2024)

Our Emerging Europe Chart Pack has been updated with the latest data and our analysis of recent developments. The Q2 GDP data out of Emerging Europe have generally disappointed to the downside, and...

22nd August 2024 · 1 min read

Global Economics Update

PMIs hint at slower growth and inflation ahead

The latest flash PMIs suggest that strong activity in the service sector has continued to support GDP growth in advanced economies in Q3, but that the outlook has worsened somewhat. Meanwhile...

22nd August 2024 · 3 mins read

Middle East & North Africa Economics Weekly

Ceasefire latest, CBE governor stays on, PIF annual report

The US government has pushed for a ceasefire agreement between Israel and Hamas this week, but an agreement seems some way off still. A deal would benefit Egypt, Jordan and Lebanon, whose economies...

22nd August 2024 · 6 mins read

Africa Economics Update

Unpacking South Africa’s structural growth problem

There’s growing optimism that South Africa’s economy is set for a period of faster growth under the Government of National Unity (GNU). And we think a combination of lower interest rates and higher...

22nd August 2024 · 4 mins read

Europe Rapid Response

Euro-zone Flash PMIs (August 2024)

The rise in the flash PMIs for August is not as good as it looks as it was largely due to a boost from the Paris Olympics and the survey still points to GDP growth slowing in Q3. With price pressures...

22nd August 2024 · 2 mins read