Africa Economic Outlook Growing pains Sub-Saharan Africa (SSA) is likely to remain one of the world’s best performing regions over the next couple of years but, in a number of countries, growing pains are starting to emerge. Budget and... 6th June 2014 · 1 min read
Global Economics Chart Pack Growth rebounding in second quarter The world economy slowed significantly in Q1, largely because output contracted in the US and growth weakened in China. But this should be followed by a rebound in the current quarter. Indeed, the... 5th June 2014 · 1 min read
UK Economics Chart Pack Strong growth but still no productivity rebound While the latest activity surveys suggest that the recovery might have gathered pace in the second quarter, a revival in productivity has remained elusive. Indeed, firms are hiring workers in record... 4th June 2014 · 1 min read
Europe Chart Pack Deflation risks still mounting May’s fall in euro-zone HICP inflation from 0.7% to 0.5% left it at its joint weakest rate since October 2009 and far beneath the ECB’s 2% price stability ceiling. There is no sign of inflationary... 4th June 2014 · 1 min read
Canada Data Response International Merchandise Trade (Apr.) Canada's merchandise trade position unexpectedly shifted from an upwardly revised surplus in March to a small deficit in April, as the terms of trade deteriorated and energy and primary metals exports... 4th June 2014 · 1 min read
US Data Response International Trade (Apr.) The monthly trade deficit widened to a two-year high of $47.2bn in April, from an upwardly revised $44.2bn in March. The 0.2% m/m decline in April's exports, coupled with the 1.2% m/m rise in imports... 4th June 2014 · 1 min read
Latin America Chart Pack GDP growth slowed in Q1, likely to remain sluggish First quarter GDP data released over the past month suggest that the region’s economy slowed further at the start of this year, with growth dipping to just 2.0% y/y in Q1, down from 2.2% y/y in Q4... 2nd June 2014 · 1 min read
Asia Economics Update India’s current account deficit likely to widen, but gradually India’s current account deficit fell to its lowest level in five years last quarter. Looking ahead, the deficit looks set to widen as imports are likely to rise on the back of an economic recovery and... 27th May 2014 · 1 min read
Asia Economics Weekly Is Emerging Asia missing out on the global recovery? Recovery in advanced economies has been underway for the best part of a year now, but Emerging Asia’s exports have remained sluggish. Some commentators are concerned this is more than a short-term... 26th May 2014 · 1 min read
Global Trade Monitor World trade still lagging behind output The volume of world trade fell for a second consecutive month in March, according todata released earlier today. This can partly be attributed to distortions in China’s trade statistics. However... 23rd May 2014 · 1 min read
Japan Data Response External trade (Apr.) While the plunge in the trade shortfall in April may have been too strong to last, the deficit should remain low as domestic demand has weakened after the sales tax hike. 21st May 2014 · 1 min read
China Data Response Hong Kong GDP (Q1 14) Hong Kong’s economy slowed sharply in Q1, due to a slump in exports. However, the slowdown is likely to prove temporary, and we expect growth to rebound over the coming quarters as the global economic... 16th May 2014 · 1 min read
Europe Data Response Euro-zone Trade (Mar.) March’s euro-zone trade data confirm that the strong level of the euro continues to act as a significant headwind for euro-zone exporters. This will furnish the ECB with yet another reason to take... 16th May 2014 · 1 min read
Japan Data Response GDP (Q1 Preliminary) Japan's economy expanded rapidly ahead of the sales tax hike. While growth is set to slump in Q2, we remain confident that the recovery will resume in the second half of the year. 15th May 2014 · 1 min read
Japan Data Response Current Account (Mar.) The current account showed a record shortfall in March, but we expect a return to surplus in coming months. 12th May 2014 · 1 min read
Canada Economics Weekly Canada's export engine still spluttering Canada's exports have continued to underperform, despite gradually improving US economic conditions and the fall in the previously high-flying Canadian dollar. Although the bad weather partly explains... 12th May 2014 · 1 min read
