GlobalSource Partners | Country Insights

Consumer prices rose at a somewhat faster than expected pace of 2.6% m/m in October, with annual CPI inflation edging up slightly as a result, to 29.8% from 29.7% in September. Domestic PPI posted a 1.6% month-on month increase in October, as its 12-month rate remained broadly unchanged at 27.4%....

A rate hike is not a peso defense strategy

PHILIPPINES · Report · 03 Nov 2026

The BSP's recent 50-basis-point policy rate increase should be understood primarily as a response to mounting inflationary pressures, not as an attempt to defend a particular peso-dollar exchange rate. Under its inflation-targeting framework, the central bank's principal responsibility is price s...

Stagflation by design? Milei’s monetary strategy and its costs

ARGENTINA · Report · 02 Nov 2026

The Milei government has tried to break inflationary inertia by simultaneously controlling the nominal exchange rate and the money supply. To do so, it has relied on three heterodox tools: the cepo (exchange controls), the provision of exchange-rate hedges, and the sterilization of reserve purcha...

Weekly Report - November 2, 2026: Israel's election results complicate government formation; 2027 budget faces delays; growth outlook remains resilient; Bank of Israel likely to keep rates on hold

ISRAEL · Report · 02 Nov 2026

The election results left Netanyahu's bloc with 53 seats, the Zionist opposition with 48 and the Arab parties with 19, leaving neither bloc with a parliamentary majority. President Herzog is expected to begin consultations after the official results are published on November 5. Three main scenari...

Politics: INE crisis puts the legitimacy of the 2027 elections at risk

MEXICO · Report · 02 Nov 2026

The resignation of INE President Guadalupe Taddei on October 26, after a week of revelations about corruption and influence peddling, has opened a deep crisis of credibility in Mexico’s electoral authority just as the 2027 election cycle begins. Investigations point to a network of supplier compa...

Essential CIS Politics: October 16 - November 2, 2026

CIS POLITICS · Report · 02 Nov 2026

Key topics: * Ukrainian forces completed Operation Vivaldi under Brigadier General Andrii Biletskyi and restored control over 277 square kilometers north of Lyman. * Putin stated that Russian troops had established control over Dobropole, but Ukrainian officials rejected the claim...

Czechia's outlook: Election results, fiscal constraints and the CNB's next move - Slide presentation and webinar replay

CZECHIA · Presentation · 02 Nov 2026

What do the senate and municipal election results mean for Czechia's outlook? With the opposition keeping its veto power in the Senate, how will Babiš pursue his agenda? What's ahead for fiscal policy? How will the central bank handle its upcoming interest rate decision? Get insight into Czec...

Economics: Third-quarter growth accelerates, but momentum is concentrated in a few sectors

MEXICO · Report · 02 Nov 2026

Economic activity accelerated in July and August, and the timely third-quarter figures confirmed that GDP grew 3.2% YoY, with cumulative growth of 1.9% in the first nine months and a likely year-end close near 1.7%. Within the timely third-quarter GDP estimate, the tertiary sector grew 3.3% YoY, ...

Results of China’s Fifth Plenum

CHINA FINANCIAL · Report · 02 Nov 2026

Special points to highlight in this report: * China's Fifth Plenum emphasized stricter Party discipline and policy implementation, but offered little indication that Beijing is prepared to address the structural imbalances undermining domestic demand. * Stronger oversight may improve impl...

On elections and reserves

TURKEY · Report · 01 Nov 2026

We found out that the number one concern of our international audience is the timing of early elections, which we still expect no earlier than late 2027. Kemal Kilicdaroglu’s blank check to AKP to determine the date of early elections at will, failed to resonate so far. But, American elections...

Monetary policy rate remains unchanged for November 2026

DOMINICAN REPUBLIC · In Brief · 31 Oct 2026

Yesterday, the Central Bank of the Dominican Republic decided to keep its monetary policy rate unchanged. During November 2026, the policy rate will remain at 5.50% per annum, while the rate on the overnight liquidity expansion facility (one-day repos) will remain at 6.00% and the overnight depos...

GULF WEEKLY: Concerns grow for renewed US-Iran clashes, Saudi Arabia cuts subsidies, Qatar buys more US LNG

GULF COUNTRIES · Report · 30 Oct 2026

A skimmable summary overlaid with our analysis and links. Headlines: * There were more signs of US post-election strike plans, despite mediation by Qatar and Saudi Arabia. * The inconclusive Israeli election may also give Netanyahu political motivations to revive the war. * Prediction market...

PL Party President said “no one approved” Flávio Bolsonaro‘s letter, Lula will deliver a national address next week, and Monday is a national holiday

BRAZIL POLITICS · Report · 30 Oct 2026

The week that began with President Lula’s reelection ends with the opposition searching for direction. Yesterday (Oct. 29), PL President Valdemar Costa Neto said that “no one approved” the letter in which Senator Flávio Bolsonaro (PL-RJ), already in the United States, declared himself the “true p...

TOPIC OF THE WEEK: Uzbekistan—Can the boom pay for itself?

CAUCASUS / CENTRAL ASIA · Report · 30 Oct 2026

While I recently derived econometrically that the Uzbek economy may not necessarily be overheating, the key question of whether it can keep growing this fast without becoming increasingly dependent on foreign financing is still a valid one to ask. After all, while the economy is expanding rapidly...

A reasonably good GDP number, received by local analysts as a disappointment

HUNGARY · In Brief · 30 Oct 2026 · 1 response

Q3 2026 GDP growth has just been reported at 0.1% qoq, 1.5% yoy by KSH. This is a very preliminary number, estimated on the basis of a model, rather than measured and aggregated in a bottom-up manner. So the sectorial details and demand components are still missing at this point. This follows 1.8...