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Events
Databanks
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Argentina databank Aug 29
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Brazil Economics databank Aug 18
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Central America databank Aug 27
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Chile databank Aug 26
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China databank Mar 21
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Colombia databank Sep 2
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Dominican Republic databank Aug 21
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Ecuador databank Aug 25
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Gulf Countries databank Aug 29
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Hungary databank Aug 19
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India databank Jun 26
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Mexico databank Aug 28
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Panama databank Jul 17
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Peru databank Aug 14
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Philippines databank Aug 6
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Poland databank Jul 16
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Russia Economics databank Aug 14
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South Africa databank Aug 21
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Turkey databank Aug 11
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Ukraine databank Aug 15
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Venezuela databank Sep 2
NEWS FLASH
UPCOMING WEBINAR - AND NOW FOR SOMETHING COMPLETELY DIFFERENT: BRAZIL...
COUNTRY INSIGHTS
Another ‘referendum’? Or just opinion-poll?
UKRAINE · In Brief · 12 May 2014
On May 11 separatists did organize the widely advertised ‘referendum’. Bulletins printed on common printers. Only few polling points (instead of few hundreds needed). No passports or other IDs needed to vote. Some cities are voting for Donetsk National Republic, some cities are voting for merging...
Weekly Tracker: May 11-17
TURKEY · Report · 11 May 2014
Executive Summary Industrial production surprised on the upside in March, expanding 4.2%, y/y. This has brought the IP growth in Q1 to a solid 5.3% (unadjusted), up from Q4’s 3.8%, marking a stronger than envisaged entry into the year. What is the source of this resilience? To answer this questio...
IPCA: Inflation Accelerates
BRAZIL ECONOMICS · Report · 09 May 2014
In March the IPCA grew by 0.92%, in comparison with the IPCA-15 of 0.73%, raising the 12-month figure from 5.68% to 6.15% (Graph 1). With this result, the probability has grown that inflation will exceed the upper bound of the target interval at some point during the second or third quarters this...
Changing the Rules
RUSSIA / FSU POLITICS · Report · 08 May 2014
Increasing international pressure and sanctions by the US and its allies have been used by Russia’s ruling elite as an excuse to intensify control over society at large. However, top-level decision-makers would also like to maintain tighter control over the national elite, and for that reason Pre...
Industrial Production: Revision in the Series and Results for March
BRAZIL ECONOMICS · Report · 08 May 2014
Executive Summary The IBGE has just released the industrial output numbers for March. However, in computing those numbers it applied a revised survey method. In the first part of this Bulletin we comment on the results for March, while in the second part we briefly describe the changes instituted...
An Acute Case of Foot-in-Mouth Disease
PERU · Report · 06 May 2014
Executive SummaryThe murder of a rival of Ancash’s regional president pushed worries over political delinquency in the provinces on to the front pages. The scandal forced the agencies overseeing October’s municipal and regional elections to warn that the spread of criminality in politics was the ...
Political Environment Tightens
MEXICO · Report · 06 May 2014
Executive Summary Last week’s one-and-only debate between the two men competing for the chairmanship of the National Action Party confirmed the general impression that little, other than personal animosities and clique allegiances, separates either contender, as no evidence emerged of any clear i...
Promising Signals
MEXICO · Report · 06 May 2014
Executive Summary Recent economic news has pointed toward the possibility that the Mexican economy enjoyed a slight recovery during the second and third months of 2014, especially the monthly GDP proxy (IGAE) for February, which appeared to herald stronger economic conditions going forward. Manuf...
Juan Carlos Varela Posts Unexpected Win
PANAMA · Report · 06 May 2014
Juan Carlos Varela, the leader of the rightist Panameñista Party in coalition with Partido Popular (former Christian Democrats) won the presidential election with 39.2% of the votes. José Domingo Arias of the ruling Party Cambio Democrático (CD) got 32% and Juan Carlos Navarro of the PRD received...
The Reduction in the Growth of Credit
BRAZIL ECONOMICS · Report · 05 May 2014
The reduced growth pace of real retail sales is not only due to the slower expansion of employment, causing deceleration of real payroll growth. Another factor is the reduced expansion of credit to individuals. The effects are most visible in car sales, which are very sensitive to bank lending po...
Core Nears Double the Target Rate
TURKEY · Report · 05 May 2014
CPI inflation was a higher than expected 1.3% in April (consensus: 0.9%), which took the 12-month rate a full percentage point higher, to 9.4%. Food was a big contributor, with monthly food inflation (including beverages) swinging from a negative 1.3% in April 2013 to an increase of 1.4% in April...
Political Insights: Week of May 5
BRAZIL POLITICS · Report · 05 May 2014
The creation of the Petrobras CPI will once again be one of the main topics for the week as party leaders may decide whether the Committee will be made up of senators or whether it will be a Joint CPI, with federal representatives.This weekend a new Datafolha poll on the presidential race will be...
Revving Up
PANAMA · Forecast · 05 May 2014
Executive Summary Though growth is slowing from its powerful 2012 peak of 10.8%, we are optimistic for 2014-2016, and project GDP GAGR at 6.3% (on the heels of 8.4% growth in 2013). The main reason for the slowdown is a fall in exports, and in fixed capital formation, as massive public investment...
Fight for Odesa: Putin’s ‘Stalingrad defeat’?
UKRAINE · In Brief · 03 May 2014
The events which happened yesterday in Odesa could be hardly overestimated. Moscow has made an attempt to capture Odesa and create one more point of tension in Ukraine. The plan failed disregard silent support of local police and secret service – people managed to defend themselves from Russian t...
IMF Approves 2-Year $17.01 billion Stand-By Arrangement for Ukraine
UKRAINE · In Brief · 01 May 2014
The IMF Executive Board approves 2-year $17.01 billion stand-by arrangement for Ukraine. The first wire ($3.19 billion) will arrive on Monday. About $2 billion from the first wire will be allocated to the budget support. The next two wires will be subject to bi-monthly performance reviews. Accord...