Research Briefing
Though the budget deficit remains very high, monthly borrowing totals haveconsistently undershot the OBR’s forecasts. We expect this to continue...
Research Briefing
Though the budget deficit remains very high, monthly borrowing totals haveconsistently undershot the OBR’s forecasts. We expect this to continue...
Research Briefing
Our baseline forecast sees a strong rebound in eurozone economic activity as vaccinations bring the pandemic under control, but this...
Research Briefing
The upside risks to our above-consensus view on eurozone inflation in 2021 are rising. However, we think that this primarily...
Research Briefing
The Swedish economy grew by 1.1% in Q1 according to the flash estimate, the best performance in western Europe. Monthly...
Research Briefing
UK wages have recently grown at a pace not seen for over a decade. But rather than a sign of...
Research Briefing
The Recovery and Resilience Plans (RRPs) that EU member states have so far submitted to the European Commission to unlock...
Research Briefing
While the economy shrunk in Q1, the fall was smaller than feared. And the quarter ended with evidence of activity...
Research Briefing
Finland is keeping tight control over the coronavirus outbreak. New infections are falling steadily, over 40% of the adult population...
Research Briefing
At May’s MPC meeting the committee revised up its forecast for GDP growth in 2021 significantly and laid out its...
In a recent blog post, Will over-tourism be a problem again?, Eva McGrath-Olivan noted that while the increasing scale of...
Research Briefing
Norway’s economy is restrained by activity restrictions that aim to maintain tight control over the pandemic. However, once containment measures ease,...
Research Briefing
Recent survey and high-frequency data have boosted hopes that the economy is in the early stages of a strong rebound...
Research Briefing
The EU’s vaccine rollout will continue picking up steam in coming months after a lacklustre performance in Q1. Supply constraints...
Research Briefing
A win for pro-independence parties at Scottish elections on May 6 will put Scotland’s exit from the UK back on...
Research Briefing
Retail sales surged in March, even though many physical stores remained closed, while the reopening of non-essential stores and outdoor...
Research Briefing
Since the start of the pandemic, eurozone countries have been able to relax fiscal policy without worrying about the eurozone’s...
Research Briefing
March’s pickup in inflation will mark the beginning of a sharp rise over the next few months, as sizeable base...
Research Briefing
Sweden’s economy looks increasingly resilient to the latest round of activity restrictions. Despite stricter lockdown measures and a slow vaccine roll-out, Swedish...
Research Briefing
Although February saw GDP make only a modest advance in exiting a Covidshaped hole, the month’s 0.4% m/m rise in...
Research Briefing
We have revised up our forecasts for eurozone private consumption, and now envisage spending increasing 3.1% in 2021 and by...