Canada Economics Weekly Wage cost inflation likely fell to record low Although some evidence suggests that hourly wages may have risen more quickly recently, labour productivity has also risen as well, resulting in smaller increases in unit labour costs, or slower wage... 1st September 2014 · 1 min read
Europe Data Response Euro-zone Flash CPI (Aug.) & Unemployment (Jul.) August’s flash euro-zone CPI inflation data underlined the absence of price pressures in the currency union and should encourage the ECB to offer stronger hints of additional policy support to come... 29th August 2014 · 1 min read
Europe Economics Weekly Weak data increase the chance of ECB QE Events last week gave support to our long-held view that the ECB will have to take the plunge and launch a full-blown quantitative easing programme in the coming months. Survey data added to mounting... 29th August 2014 · 1 min read
Africa Chart Pack Weaker growth looms for twin deficit countries Ghana’s authorities bowed to the inevitable earlier this month by formally requesting assistance from the IMF in dealing with the country’s enormous twin budget and current account deficits. This... 29th August 2014 · 1 min read
Japan Data Response Consumer Prices, Unemployment, Industrial Production & Retail Sales (July) Today's data on industrial production and retail sales show that the economy continued to stagnate at the start of the third quarter. What's more, inflation moderated in July and is set to decline... 29th August 2014 · 1 min read
China Economics Update On the cusp of another slowdown? China’s economy continues to face headwinds, particularly from the property sector. But the key lesson from recent months is that policymakers have plenty of tools at their disposal to shore up growth... 28th August 2014 · 1 min read
Latin America Chart Pack Mexico turning the corner The past month has brought signs that Mexico’s economy is finally turning the corner. latestdata suggest that the Mexican economy has turned the corner. GDP expanded by a seasonally-adjusted 1.0% q/q... 28th August 2014 · 1 min read
Middle East & North Africa Chart Pack Dubai's GREs slowly tackling their debt problems Over the past month Dubai’s government-related entities (GREs), which were at the heart of the Emirate’s crisis in 2009, have made further efforts to tackle their huge mountains of debt. The recovery... 28th August 2014 · 1 min read
Emerging Europe Economics Update Latin America inflation woes deepen Although inflation at the aggregate EM level remains fairly benign, there are big differences between the main EM regions. Inflation is fairly low in most of Emerging Asia, but is high and rising in... 27th August 2014 · 1 min read
US Chart Pack A stronger and more widespread recovery Both businesses and households have started to enjoy the fruits of an economicrecovery that appears to be becoming stronger and more widespread. A weightedaverage of the two ISM business activity... 27th August 2014 · 1 min read
Japan Data Response Small Business Confidence (Aug.) While small business confidence weakened in August, firms expect conditions to improve strongly next month. 26th August 2014 · 1 min read
Emerging Europe Economics Focus Why Turkish inflation won’t fall back as far as the CBRT expects Turkish policymakers have argued that the recent rise in inflation is a temporary phenomenon and this, in turn, has fuelled speculation in the markets that interest rates will be cut further. However... 26th August 2014 · 1 min read
Canada Data Response CPI (Jul.) & Retail Sales (Jun.) The unexpected decline in core inflation in July, to 1.7% from 1.8% in June, probably marks a turning point for the second half of this year. With labour market conditions likely to become even more... 22nd August 2014 · 1 min read
Japan Economics Weekly How much of a threat is “hollowing out”? The conventional wisdom is that Japan’s firms have increasingly shifted production facilities abroad in recent years, resulting in a “hollowing out” of the country’s domestic manufacturing sector. But... 22nd August 2014 · 1 min read
UK Economics Chart Pack Spending growth strong despite weak earnings The prospects look bright for a continued solid recovery in consumer spending. Although we do notknow yet what happened to overall consumer spending in Q2, the available data on retail sales... 21st August 2014 · 1 min read
UK Commercial Property Chart Pack A hot summer for investment transactions Investment market activity was strong again last month, with the total value of deals (£12.3bn) over June and July the highest in a two-month period for more than a decade. Notable deals in July... 21st August 2014 · 1 min read
