We have lowered Sweden's growth for this year to 3.1% from 3.6% previously due to the fallout from Russia's invasion of Ukraine. The main channel...
Europe | Russia's invasion of Ukraine is sending tremors through CEE
Posted by Mateusz Urban on Mar 15, 2022
Russia's invasion of Ukraine is being felt throughout the global economy, but few places are as exposed to its impact as the Central and Eastern...
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...
Sweden | 2022 GDP growth forecast raised, but high inflation is a key downside risk
Posted by Daniel Kral on Feb 24, 2022
We have raised our full year 2022 GDP growth forecast to 3.6% from 3.3% previously, due to the especially strong flash estimate for Q4 2021. The...
United Kingdom | Dissecting the MPC’s inflation fixation
Posted by Andrew Goodwin on Feb 18, 2022
High inflation in the UK and concerns about the effect of a tight jobs market on wages will likely push the MPC to raise rates to 1.25% by the end of...
Eurozone | Limited Ukraine incursion would dampen the recovery
Posted by Innes McFee on Feb 15, 2022
The impact of a “limited” incursion by Russia into Ukraine would deal an unwelcome blow to the European economy via higher inflation squeezing real...
Eurozone weekly economic briefing | High inflation keeps fuelling debates
Posted by Daniela Ordonez on Jan 21, 2022
With eurozone inflation confirmed at a record-high of 5.0% y/y in December, the debate over how long upward price pressures will continue returned to...
Europe | Real estate obsolescence risk lowest for the Nordics
Posted by Mark Unsworth on Jan 19, 2022
Our new index of European real estate obsolescence finds that the Nordic countries have the lowest risk of obsolescence and are best placed for the...
Sweden | 2022 GDP growth forecast remains as expected despite Omicron
Posted by Daniel Kral on Jan 18, 2022
We have kept our growth forecast for this year unchanged at 3.2%, as we expect the impact of the Omicron wave to be mild. The latest data on...
Eurozone | ECB tapers PEPP purchases but retains flexibility
Posted by Oliver Rakau on Dec 17, 2021
The ECB took significant steps to tighten its highly accommodative policy stance over the course of 2022 on the back of upwardly revised growth and...