China Chart Pack China Chart Pack (Sep. 25) Growth has remained broadly stable since the start of the year, despite US tariffs. Still, the economy is weaker than official figures suggest. Fiscal support and exports will continue to be key... 30th September 2025 · 0 mins read
Global Economics Chart Pack Global Economics Chart Pack (September 2025) The latest data are consistent with the world economy having recovered a bit more momentum in Q3. Industry has held up well, world trade has shrugged off tariffs, and an AI investment boom is underway... 25th September 2025 · 1 min read
India Economics Update Are Indian households becoming overleveraged? Rising household debt in India should not be a major concern for now given the backdrop of falling interest rates. But it is a risk that will require close monitoring once the easing cycle turns... 23rd September 2025 · 4 mins read
Emerging Europe Economic Outlook Stagnation in Russia, fragile recoveries in CEE The economies of Emerging Europe will diverge over the coming year as Russia’s war economy continues to run out of steam, while growth in Central and Eastern Europe (CEE) picks up – albeit to varying... 18th September 2025 · 22 mins read
Emerging Markets Economics Chart Pack Emerging Markets Chart Pack (Sep. 2025) EM GDP growth generally held up well in H1 but we think it will soften over the second half of the year as US tariffs, tighter fiscal policy and slowing wage growth bite. The inflation outlook is... 17th September 2025 · 1 min read
Asia Economics Weekly Does turmoil in Indonesia lift or lower chances of a rate cut? Bank Indonesia will meet next week under the cloud of recent protests and the sacking of respected Finance Minister Sri Mulyani Indrawati. We expect officials to hold fire from further easing, not... 12th September 2025 · 7 mins read
China Rapid Response China Bank Lending & Broad Credit (Aug.) Weak private credit demand drove a further weakening of bank loan growth in August. And growth in government bond issuance slowed for the first time this year, resulting in a slowdown in broad credit... 12th September 2025 · 2 mins read
UK Housing Market Update UK mortgage arrears may not have peaked just yet The weak labour market means it’s too soon to conclude that the share of mortgages in arrears won’t rise further, although it will remain low relative to past standards. 10th September 2025 · 3 mins read
Emerging Europe Economics Update CEE: is growing ‘euroisation’ a concern? The increase in euro-denominated bank lending and deposits across parts of CEE in recent years – due in part to high domestic inflation and interest rates – looks like a concern on the surface, but... 4th September 2025 · 6 mins read
UK Economics Rapid Response UK Money & Lending (Jul. 2025) July’s money and lending data show that interest rate cuts are yet to significantly boost economic activity and that the prospect of tax hikes in the Autumn Budget may be making households a bit more... 1st September 2025 · 3 mins read
China Chart Pack China Chart Pack (Aug 25) China’s growth picked up a touch in July, but we expect the economy to remain weak this year. US tariffs will continue to weigh on exports, even as rerouting helps to offset some of the hit. Barring a... 28th August 2025 · 0 mins read
Emerging Europe Economics Update Turkey: end of KKM a symbolic, but important, step The announcement that Turkey will end the lira-protected deposit scheme (KKM) will only have a limited impact. The scheme has largely been phased out already. But there’s still more to do to increase... 27th August 2025 · 3 mins read
China Economics Weekly China Weekly: Consumer loan subsidies are a step in the right direction The new consumer loan subsidy programme announced by the Ministry of Finance this week is unlikely to significantly drive up household spending. But may be a sign that China's leadership is finally... 15th August 2025 · 5 mins read
Emerging Markets Economics Chart Pack Emerging Markets Chart Pack (Aug. 2025) Our View: The Q2 GDP figures out so far point to robust growth across much of the emerging world, but we think growth will soften over the second half of the year. While growth across much of Asia... 14th August 2025 · 1 min read
China Rapid Response China Bank Lending & Broad Credit (Jul.) There was a small pick-up in overall credit growth in China’s economy in July, as a result of a further surge in government borrowing. But bank loan growth has continued to slow, suggesting that... 13th August 2025 · 2 mins read
China Chart Pack China Chart Pack (Jul. 25) China’s economy slowed in Q2, despite industrial activity holding up well in the face of US tariffs. With US-China ties improving, we don’t think tariffs will be as significant of a drag on growth as... 31st July 2025 · 0 mins read
