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Productivity growth is key to UK economic prospects

Location:

UNITED KINGDOM

Real wages are now falling at a record pace and the economy is close to recession. While some of the determining factors of the current low-growth, high-inflation environment are…

ECB and Fed to delay rate cuts to sustain disinflation

Location:

EU/US

Disinflation is underway on both sides of the North Atlantic, but it is not yet deeply entrenched, giving both central banks a reason to delay cuts. The ECB must contend with…

Full employment will boost US wage growth

Location:

UNITED STATES

The jobless rate is expected to stay unchanged at 4.9%, its lowest level since November 2007. This decline occurred despite a rebound in the participation rate, up 0.5 percentage…

If participation picks up, US rate rises will speed up

Location:

UNITED STATES

US employment and wage pressures.

Weak consumption may thwart Slovak growth plans

Location:

SLOVAKIA

The government's latest GDP expectations for 2016-19.

No end in sight for Japan’s economic stagnation

Location:

JAPAN

Lower household consumption, residential investment and companies’ capital investment all contributed to the 2.9% (annualised) contraction. Although inflation is decelerating…

Economic 'escape velocity' hinges on Japan's consumers

Location:

JAPAN

The Japanese economy seems unable to get up to cruising speed. One impediment after another has caused growth to lag expectations. The most recent indicators suggest that next…

Italy’s growth outlook will be subdued without reforms

Location:

ITALY

Italy’s national accounts confirmed that the economy grew by 0.4% quarter-on-quarter for a third quarter in April-June, driven by services and a 0.6% increase in industrial…

Recovery of Russian consumption is likely to moderate

Location:

RUSSIA

Strong household demand, now restored to pre-war levels, mitigated the impact on GDP of falling exports last year. The consumer market is profoundly changed, with new brands from…

Ukraine president gains from economic data and policy

Location:

UKRAINE

The decision to reduce gas prices -- a gift to President-elect Volodymyr Zelensky, as it chimes with the anti-austerity messaging of his election campaign -- and not to raise…