Once the pandemic is controlled via vaccination programmes, allowing the current restrictions to be relaxed, we expect consumers will respond with...
Eurozone | Slow vaccination pushes return to normal to late 2021
Posted by Daniela Ordonez on Feb 3, 2021
We expect eurozone GDP to contract in Q1. European countries have so far faltered in implementing their vaccination programmes, slowing their...
India | Biting the fiscal bullet
Posted by Priyanka Kishore on Feb 2, 2021
Markets have cheered today’s budget, which was perceived to be growth-oriented with an emphasis on infrastructure spending. The revised estimates...
Myanmar | Military coup threatens economic recovery
Posted by Sian Fenner on Feb 1, 2021
On February 1, Myanmar’s military seized control of the country, announcing a one-year state of emergency and the replacement of democratically...
Eurozone | How consumers will shape the recovery
Posted by Oliver Rakau on Jan 29, 2021
The response of Europe’s consumers to the end of the lockdowns will shape the recovery, for better or worse. Social distancing, constrained...
A synchronized recovery to take root
Posted by Sian Fenner on Jan 27, 2021
Economic growth has picked up from the sharp falls in Q2 2020, but the recovery across the ASEAN-6 economies has been uneven. Varying success in...
Eurozone | Transitory inflation surge unlikely to boost bond yields
Posted by Oliver Rakau on Jan 19, 2021
The coronavirus crisis pushed eurozone inflation to a four-year low of 0.3% in 2020. We expect it to rise to 1.2% this year, but primarily due to...
US | Despite stronger revenues, states won’t rush to spend
Posted by Oren Klachkin on Dec 23, 2020
US state and local government revenues are faring much better than initially feared, likely reducing the need for further significant spending...
Australia Key Themes 2021: Mixed recovery from COVID recession
Posted by Sarah Hunter on Dec 17, 2020
After an unprecedented year the economic recovery is underway. Thus far fiscal policy has done much of the heavy lifting, and government spending...
Eurozone Key Themes 2021: The light after the storm
Posted by Angel Talavera on Dec 14, 2020
The eurozone economy has been one of the hardest hit by the coronavirus pandemic, but we expect the 2021 rebound to be the strongest in its...