Internal complacency and China, two main risks to Germany

Sep 22, 2015 07:47 am UTC| Commentary

Two main risks prevail now for the German economy, one internal, the other external. A high share of current economic growth is due to the lucky combination of low interest rates, a weaker euro and lower oil prices. If...

Mexico's inflation likely to slip again in September

Sep 22, 2015 07:46 am UTC| Commentary

Mexicos inflation slipped below 3.0% (the Banxicos target) in May for the first time in a decade and has declined even further since then, as core inflation remained at its lowest level ever at 2.3% and food inflation fell...

Germany's GDP likely to see 1.6% growth in 2016

Sep 22, 2015 07:41 am UTC| Commentary

There might be increase of German government spending in 2015 and 2016 due to the strong inflow of asylum seekers. According to the latest quasi-official estimates the government now expects an inflow of 1m people.The...

Germany's capital spending likely to gain momentum in 2016

Sep 22, 2015 07:37 am UTC| Commentary

Growth in Germany is broad-based but mainly driven by private consumption, that grew by 2.1% y/y in Q2. The driving forces will likely remain in place with an improving labour market, rising real income and very low...

Mexican retail sales growing at impressive pace

Sep 22, 2015 07:33 am UTC| Commentary

Despite the growth weakness in H1 and the visible effect of the slowdown in the Mexican labour market, retail sales on average have continued to trend up this year - in part due to the low base effect in H1 2014, but...

Sweden economy keeps Riksbank less inclined to act on rates

Sep 22, 2015 07:31 am UTC| Commentary

The Riksbanks September report suggests that the bank is less inclined to take any policy action. Moreover, the Swedish economy continues to perform well and perhaps even better than anticipated. Higher inflation and...

Riksbank likely to leave repo rate unchanged in October

Sep 22, 2015 07:25 am UTC| Commentary

The Riksbank is likely to announce an extension of its government bond purchase programme at its October meeting. The extension will cover Q1 2016, with the amount rising by SEK 35bn. The purchase programme will thus total...