The fallout from the Russia-Ukraine conflict and a brief but sharp hit from the Omicron outbreak have prompted us to cut our 2022 mainland GDP growth...
MENA | Commodity price shock is a mixed blessing for MENA
Posted by Maya Senussi on Mar 14, 2022
Russia's invasion of Ukraine and the evolving global response will be felt in the MENA economies mainly via the impact on commodity prices. Fuel...
Europe | NBP hikes rates amid falling PLN and higher inflation prospects
Posted by Mateusz Urban on Mar 9, 2022
The National Bank of Poland (NBP) hiked its policy rate by 75bps at yesterday's meeting, bringing it to 3.5%. Although a continuation of monetary...
Eurozone | Durable goods will turn deflationary only in 2023
Posted by Oliver Rakau on Mar 7, 2022
Up until recently there had been growing signs that the forces that lifted durable goods prices last year had begun weakening or even reversing. But...
Africa | Ripple effects of a Russia-Ukraine war
Posted by Callee Davis on Mar 3, 2022
The Russia-Ukraine war is set to have implications for economies across the globe and African markets won’t be spared. Trade disruptions and soaring...
Eurozone | Low-flation risks to come back to the fore in late-2022
Posted by Oliver Rakau on Nov 18, 2021
We see little evidence that the outlook for underlying inflation in the eurozone is much changed from a few months ago. In fact, there’s a high...
Global | Evergrande matters, but it’s not a ‘Lehman moment’
Posted by Adam Slater on Oct 1, 2021
While the potential collapse of Chinese property firm Evergrande matters, it doesn’t signal a ‘Lehman moment’ that might spark global financial...
Africa | The Green Revolution: where does Africa fit in?
Posted by Leeuwner Esterhuysen on Jun 29, 2021
Africa is a key source of the minerals that will be central to the green energy transition. The level of proven reserves means that the continent...
Australia | The terms of trade are booming, but this time it’s different
Posted by BIS Oxford Economics on Jun 24, 2021
Export prices have surged over the past 9 months, driven by record high iron ore prices. This has driven the terms of trade to its highest level...
Africa | DRC and Zambia to cash in on the copper bull run
Posted by Irmgard Erasmus on May 25, 2021
Africa may be best known for its wealth of gold, diamonds, and oil, but the mineral-rich continent also hosts significant copper reserves. The red...