Articles

UAE 2024 Consumer Outlook: Strong Recovery In Oil Economy Feeds Through To Consumer Segments

Consumer & Retail / United Arab Emirates / Tue 20 Feb, 2024

Key View

  • The UAE is forecast to have lower inflation and cost of borrowing which will bode well for real consumer spending in 2024, as well as an expanding youthful population. 
  • The Central Bank of the UAE will continue to follow the US tightening cycle, holding base rate at 5.40% until at least H124, before gradually cutting the rate by
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Quick View: Expected Policy Continuity In Indonesia To Boost Nascent EV Battery Industry And Wider EV Adoption

Autos / Indonesia / Tue 20 Feb, 2024

Latest Development: Indonesia held general elections on February 14 2024, to elect a new president and vice president, as well as members of the People's Consultative Assembly (MPR), which includes the House of Representatives (DPR) and the Regional Representative Council (DPD). Additionally, local legislative bodies at the provincial and city

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Quick View: Withdrawals From ECOWAS Presents Headwinds To Pharmaceutical Trade And Sector Progress

Pharmaceuticals / Burkina Faso / Mon 19 Feb, 2024

The LatestOn January 28 2024, Burkina Faso Mali and Niger —collectively known as the Alliance des États du Sahel (AES) —formally declared their intention to exit the Economic Community of West African States (ECOWAS). Formed as a mutual defense pact following a coup in Niger and ensuing military threats from ECOWAS, the AES was established in

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Ireland EV Profile: Strong Incentives Propel Uptake, Influx Of More Affordable Models To Support Steady Demand

Autos / Ireland / Mon 19 Feb, 2024

Key View: Our outlook for Ireland's electric vehicle (EV) market in 2024 is robust. We forecast total EV sales to grow by 15.7% y-o-y to 38,400 units, implying an increase in the local EV penetration rate to 29.5%. Moreover, the arrival of new attractively priced EV models and the expected price parity between EVs and internal combustion engine

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Reserve Bank of Australia To Loosen In H2 2024

Country Risk / Australia / Mon 19 Feb, 2024

Key View 

  • We maintain our view that the cash rate has reached its peak at a terminal rate of 4.35%.  
  • Despite easing over the past year, headline inflation remains above the RBA's 2%-3% target at 4.1% y-o-y in Q4 2023, meaning the RBA is unlikely to cut in the near term.  
  • We think the RBA will only start easing in H2 2024, lowering the
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