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Inflation is running at a brisk pace and is set to pick up further in the coming quarters; supply disruption has been exacerbated by the war in...
President Cyril Ramaphosa’s State of the Nation Address (Sona) again contained some positive signs of a change in policy direction. The provision of...
Yesterday’s unexpected majority win for the Socialist Party paves the way for greater political stability in Portugal. This will simplify the...
Japan’s parliament has approved the latest supplementary budget, which includes the second-largest expenditure package in its history. But while the...
The government has announced a record spending plan in the 2022 Budget to spur the post pandemic recovery. Measures include an increase in cash aid...
The week was full of events that could potentially become policy shakers. While the PMIs showed economic growth keeps cooling, energy prices...
Our June forecasts contained a substantial upward revision to growth in 2021 and 2022. We now forecast growth of 5.3% in 2021, followed by 3.2% in...
Australia’s remarkably strong economic performance since the onset of the pandemic has led to a marked revision to the budget deficit this year; the...
The Canadian economy will get a significant fiscal stimulus boost as it emerges from the coronavirus crisis. We see the direct effects of the...
The budget deficit blew out in FY20 and will widen further in FY21 due to thegovernment’s efforts to cushion the shock of the COVID-19 recession....
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