Growth in Q3 surprised on the upside based on the flash estimate, with activity in the previous months revised up. As a result, our GDP growth...

We remain sceptical that Draghi’s reform agenda will be fully delivered and consider a long-term improvement in Italy’s economic prospects as an...

Political turmoil in Portugal will delay the execution of some EU recovery funding and freeze key stimulus measures planned for next year....

The National Bank of Poland (NBP) hiked its policy rate by 75bps to 1.25% at yesterday’s meeting. Although some tightening was expected, the...

We estimate that Warsaw’s GDP grew by 4.5% a year in the 2010-19 period, so notably faster than its five main rivals among EU accession cities....

Carbon pricing – either through a tax or an emissions trading scheme – will play an integral role in efforts to reduce carbon emissions. By...

China's official manufacturing PMI fell 0.4 points to 49.2 in October, while the non-manufacturing PMI dropped to 52.4, from 53.2 in September....

Europe’s tourism sector made solid strides towards recovery this summer. In July, overnight stays reached just above 70% of 2019 levels, on track...

The CBR today surprised the market and us with a 75bp hike, which brought the policy rate to 7.50%. The CBR language has remained hawkish,...

We don’t expect any policy changes to emerge from the October ECB meeting as key policy decisions are closely tied to updated macroeconomic...