Feb 24, 2016 06:32 am UTC| Commentary
Brazil recorded below expected current account deficit of $4.8bn in January, as compared with the deficit of $12.2bn in January 2014 and $13.2bn in January 2013. The nation posted a small surplus of $0.6bn in trade...
Weak tone in Mexico retails sales suggests weaker than expected GDP proxy for December
Feb 23, 2016 15:55 pm UTC| Commentary
Mexicos retail sales ended the year on a weak tone. Data released yesterday showed that retail sales fell 1.4% m/m sa in December. The contraction was driven by a decline in sales of domestic equipment, paper and...
Mexico’s inflation acceleration likely to continue through Q3 2016
Feb 23, 2016 09:13 am UTC| Commentary
In January 2015, Mexicos inflation decelerated by almost 1% from its end-2014 levels due to the weakness in consumer prices - mainly due to the impact of lower energy, telecoms, and other housing segment prices. This...
Feb 22, 2016 06:32 am UTC| Commentary
Brazils inflation in January was more than expectations at 10.71% y/y, as compared with Decembers 10.67% y/y, disproving the long-held opinion that inflation will moderate in 2016 with just the help of base effect. Indeed,...
Russian economic momentum likely to rebound on improved growth indicators
Feb 19, 2016 05:32 am UTC| Commentary
Russias growth indicators for January indicate towards a rebound in its economic momentum. A rebound was recorded in real wages, retail sales and industrial production for January. Moreover, jobless rate remained unchanged...
Feb 15, 2016 08:59 am UTC| Commentary Economy
Indias wholesale price inflation surprisingly decelerated in January; however, it might turn positive in Q1. WPI inflation dropped to -0.9% y/y in January from -0.7% y/y in December, as compared with Bloombergs median...
2016 - another year of economic contraction in Brazil
Feb 12, 2016 16:45 pm UTC| Commentary Economy
The current recession in Brazil is now the longest since the 1930s and the situation still remains extremely challenging. The Brazilian economy illustrates signs of cyclical and structural weakness. GDP outlook for 2016 is...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
Why Germany ditched nuclear before coal – and why it won’t go back
Labour can afford to be far more ambitious with its economic policies – voters are on board
Sudan: civil war stretches into a second year with no end in sight