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Overheating is among risks for Central-Eastern Europe

Location:

EU

The economic outlook for the five leading CEE economies.

Saudi economic reform will be gradual

Location:

SAUDI ARABIA

The government has recently taken some modest steps to rein in the budget deficit, including cuts in energy subsidies, and has promised to improve disclosure of its fiscal…

Inflation adds to Brazil’s multiple economic woes

Location:

BRAZIL

This is close to the ceiling of the target band of 2.25-5.25% set for this year. In response, the Central Bank last week raised its benchmark interest rate from a record low of…

Scottish government launches fresh independence push

Location:

UNITED KINGDOM

Scottish independence drive.

Inflation and deficits may upset Hungary’s economy

Location:

HUNGARY

Hungary’s inflation rate was the EU’s highest in spring 2021. Spending promises and tax cuts ahead of elections due by spring 2022 are widening the budget deficit. Prime…

South Africa's Mboweni will aid Ramaphosa reform push

Location:

SOUTH AFRICA

A former South African Reserve Bank (SARB) governor and minister of labour, Mboweni faces a crucial first few weeks in his new post as the government attempts to placate rating…

Politics clouds Central Europe’s short-term outlook

Location:

CENTRAL EUROPE

Last year ended dramatically, with the European Court of Justice (ECJ) ordering the Polish government to suspend its reform of the Supreme Court, and the European Commission…

Cuban discontent will be muted despite economic woes

Location:

CUBA

At the same time, private businesses have been allowed to import as never before. New privately owned shops caters to those with hard currency, but for most people the economic…

Soft landing has become more likely in Central Europe

Location:

EU

The NBP’s March Inflation Report lowers its forecast for average CPI significantly to 1.7%, from 3.2% in its November forecast; GDP is to grow by 4.0% (November: 3.6%). Outside…

Turkish parties compete on spending pledges for 2023

Location:

TURKEY

President Recep Tayyip Erdogan’s Justice and Development Party (AKP) and the main opposition Republican People’s Party (CHP) are both offering largesse to various social groups…