Africa Data Response South Africa Manufacturing PMI (Apr.) South Africa’s manufacturing PMI jumped in April, adding to signs the economy is finally moving on from stagnation as the electricity situation improves. And with price pressures still elevated, the... 2nd May 2024 · 2 mins read
Emerging Europe Rapid Response Manufacturing PMIs (Apr.) The weak set of manufacturing PMIs out of Central and Eastern Europe for April suggest that industrial sectors remained a drag on the regional recovery at the start of Q2. In Turkey and Russia, the... 2nd May 2024 · 2 mins read
Asia Economics Update Manufacturing PMIs & Korea Trade (April) The PMIs from Emerging Asia remained weak in April. We think manufacturing activity across most of Asia will remain subdued in the near term but output in Taiwan and Korea is likely to hold up better... 2nd May 2024 · 2 mins read
Middle East & North Africa Rapid Response Saudi Arabia GDP (Q1 2024, Flash Estimate) Saudi Arabia’s flash estimate of GDP showed that the economy exited recession in Q1 and we expect the recovery to continue over the course of the year – and be a bit stronger than most currently... 1st May 2024 · 2 mins read
Canada Rapid Response Canada GDP (Feb. 2024) Despite the weaker-than-expected rise in GDP in February, first-quarter growth still looks to be close to 2.5% annualised. The weaker flash estimate for March points to less momentum going into the... 30th April 2024 · 2 mins read
China Chart Pack China Chart Pack (Apr. 24) China’s economy grew at a healthy pace in the first quarter of 2024. Our China Activity Proxy suggests this was on the back of strong external demand. While fiscal support should continue to keep the... 30th April 2024 · 0 mins read
Latin America Rapid Response Mexico GDP (Q1 Provisional) The slightly faster-than-expected 0.2% q/q expansion in Mexico’s economy in Q1, alongside strong underlying price pressures and the delay to rate cuts in the US, mean that Banxico is all but certain... 30th April 2024 · 2 mins read
Europe Rapid Response Euro-zone GDP (Q1) and Flash HICP (April) Today’s stronger-than-expected Q1 GDP data means the euro-zone has come out of recession but, with core and services inflation both declining in April, this will not prevent the ECB from starting its... 30th April 2024 · 2 mins read
Asia Rapid Response Taiwan GDP (Q1 2024, adv) Taiwan’s economy accelerated in y/y terms last quarter and we expect growth to remain strong over the coming year, helped by robust demand for AI-related products. 30th April 2024 · 2 mins read
Europe Rapid Response Euro-zone National-level GDP (Q1 2024) The national-level data released so far this morning suggest that euro-zone GDP, which will be published in just under an hour, will show an expansion of 0.3% q/q in Q1. 30th April 2024 · 1 min read
Emerging Europe Rapid Response Hungary & Czechia GDP (Q1) The slightly better-than-expected Q1 GDP figures out of Hungary and Czechia suggest that economic recoveries had a little more momentum at the start of this year than we previously thought and that... 30th April 2024 · 2 mins read
RBA Watch RBA to hike in May, no rate cuts until 2025 We expect the Reserve Bank of Australia to hike rates by 25bp at its meeting next week, in contrast to the consensus view that the Bank will remain on hold. Given the RBA’s ostensible resolve to... 30th April 2024 · 8 mins read
China Rapid Response China PMIs (Apr. 2024) While the Caixin services PMI edged down last month, it dropped by less than its official counterpart, and the survey data for April is still consistent with some improvement in momentum since the... 30th April 2024 · 3 mins read
Australia & New Zealand Rapid Response Australia Retail Sales (Mar. 2024) The weakness in retail sales last month suggests that sales volumes fell across Q1 as a whole. However, with households’ real incomes staging a recovery, consumer spending should pick up over the... 30th April 2024 · 3 mins read
