Europe Rapid Response Euro-zone Retail Sales (May 2026) May’s increase in euro-zone retail sales volumes shows that consumers kept on spending despite the drop in confidence and real incomes in Q2. It also reinforces our view that the impact of the jump in... 6th July 2026 · 2 mins read
Australia & New Zealand Economics Weekly Capacity pressures to persist despite housing weakness This week’s data will likely have reinforced the RBA’s view that tighter financial conditions are weighing on the housing market. But we doubt that housing wealth effects will push consumption much... 3rd July 2026 · 4 mins read
China Chart Pack China Chart Pack (June 2026) China’s economy is growing at a slower rate than the official figures show, but growth has held steady at around 3% for the past year. Exports continue to surge on the back of strong global demand for... 26th June 2026 · 1 min read
Australia & New Zealand Economics Weekly RBA still set to hike, housing tax changes pass Australia’s latest activity and labour market data continue to point to softer momentum, but the CPI figures suggest that underlying inflation pressures have not yet been tamed. Accordingly, we still... 26th June 2026 · 4 mins read
US Economic Outlook AI boom to power growth and keep core inflation firm The economy is in the middle of an AI-related capex boom and, with some of the prior policy-related headwinds now fading, we expect average annual GDP growth to pick-up to an above-consensus 2.5% next... 25th June 2026 · 17 mins read
US Rapid Response US Personal Income & Spending (May 2026) The 3.4% rate of core PCE inflation in May likely marks the peak of this cycle, as tariff effects fade and the recent plunge in oil prices weighs on several categories, including airline fares. Even... 25th June 2026 · 2 mins read
Australia & New Zealand Economic Outlook Central banks to hike as inflation concerns dominate The RBA has already shifted policy back to restrictive territory and we expect it to tighten settings a bit further, as it seeks to ensure that activity slows sufficiently to bring inflation under... 25th June 2026 · 20 mins read
Australia & New Zealand Rapid Response Australia Household Spending & Labour Market (May 26) The May household spending and labour market data don’t provide a strong signal about the RBA’s next move. 25th June 2026 · 2 mins read
China Economic Outlook Growth to pick up, but imbalances will persist China’s growth should pick up over the second half of this year as fiscal support ramps up. But domestic overcapacity will remain entrenched, leaving China’s economy reliant on exports for growth. 24th June 2026 · 16 mins read
Europe Rapid Response Euro-zone Consumer Confidence (June 2026) Consumer confidence improved again in June but the mood among households is still very gloomy. Consumer spending growth is likely to be very weak in Q2 before staging a gradual recovery in Q3 as real... 22nd June 2026 · 2 mins read
Canada Rapid Response Canada Retail Sales (Apr) Tentative signs of a turnaround in consumer spending The unchanged level of retail sales volumes in April suggests that consumers may be past the worst in terms of the impacts from higher gasoline... 19th June 2026 · 2 mins read
UK Economics Rapid Response UK Public Finances & Retail Sales (May 2026) Retail sales held up surprisingly well in May, but we doubt this resilience will last. Even if the US-Iran deal holds, inflation looks set to rise further (perhaps to about 4.0%) and retail sales will... 19th June 2026 · 3 mins read
US Rapid Response US Retail Sales (May 2026) The strong rise in retail sales in May was far broader than a price-driven increase in gasoline spending, with sales excluding gasoline and underlying control group sales both rising an impressive 0.7... 17th June 2026 · 2 mins read
China Rapid Response China Activity & Spending (May 2026) The May activity data show that strong exports are boosting industrial production, but domestic demand remains lacklustre 16th June 2026 · 2 mins read
Australia & New Zealand Economics Weekly A cooling housing market but the RBA’s job isn’t done Australian consumers remain deeply pessimistic, particularly about the housing market, with house price expectations falling to a three-year low and auction clearance rates continuing to weaken. Even... 12th June 2026 · 5 mins read
Bank of Japan Watch Pace of tightening set to accelerate BoJ Board members have signalled that they will lift the policy rate next week. And with inflationary pressures set to strengthen, the Bank will probably accelerate its tightening cycle thereafter. We... 10th June 2026 · 7 mins read
