UK manufacturing suffering from strong pound
Aug 18, 2015 06:00 am UTC| Commentary
UK manufacturing output for June was languishing at a level only slightly higher than was reached in October last year. This is strange, given the evident momentum of domestic economic activity.This is attributed to a...
UK public finances continuing to improve
Aug 18, 2015 05:51 am UTC| Commentary
The UK budget deficit path has been below that of the previous year for each of the first three months of the current fiscal year which started in April. However, even after three months the trends evident in the data are...

US consumer prices likely decelerated further in July
Aug 18, 2015 05:44 am UTC| Commentary
US consumer price index data for July is scheduled to release on 19th August. Capped by projected slowdowns in retail energy costs, the Consumer Price Index (CPI) probably climbed by 0.2% in July - the smallest increase...
Chile economy likely contracted in Q2
Aug 18, 2015 05:33 am UTC| Commentary
Chiles economy grew at the fastest pace in five months in June at 2.7% yoy. Yet, given the earlier growth weakness, the economy grew at 1.7% yoy in Q2, the slowest growth in three quarters and a slowdown from 2.4% in...
Banxico policy changes may reduce peso volatility
Aug 18, 2015 05:23 am UTC| Commentary
Last month, Banxico introduced two measures seeking to address peso weakness.First, the bank changed its meetings schedule to match the FOMC, so that it can revise its policy based on the FOMC decission on rate cut....
US new residential building activity probably took breather in July
Aug 18, 2015 04:56 am UTC| Commentary
US housing starts and building permits data for July is scheduled to release today. The housing starts and building permits registered 9.8% and 7.0% growth in last month respectively. The offsetting movements in...
BI rate likely to remain unchanged
Aug 18, 2015 04:43 am UTC| Commentary
The favourable base effect from the plunge in oil prices starts to fade in the coming months and Indonesian inflation remains elevated, hence the BI may be constrained in its ability to support growth through easy monetary...