The Norway Statistical Institute recently revised the latest CPI print from 3.3% to 3.1%, correcting an error in electricity-price calculations that overstated inflation. Despite this adjustment, the institute maintained that the broader inflation picture, including...
Turnleaf expects Abu Dhabi GDP growth to slow to 2-3%YoY in the next two quarters before hitting 7%YoY in 2026Q1 and then falling back to a bit over 3%YoY by June 2026 (Figure 1). Downward pressures are moderate and mainly concentrated in services and business...
Turnleaf expects Switzerland inflation to oscillate around 0% over the next 12 months with some indication of healthy price growth towards the tail-end of our forecast (Figure 1 – PAID). Robust appreciation of the Swiss franc has resulted in persistent...
As of September 2025, Japan’s inflation profile remains dominated by food price dynamics. The headline 2.9% YoY reading reflects a disproportionate rice contribution—despite representing only 0.62% of the CPI basket, rice added 150–170 bps through its 49.2% YoY...
The BLS released the September 2025 CPI print on October 24, nine days after its originally scheduled October 15 release date, following a partial recall of staff during the government shutdown that began October 1. However, the White House has confirmed that the...
Brazilian inflation has proved particularly sticky, driven by persistent wage growth, global trade dynamics, and elevated food inflation from weather-related supply constraints. Turnleaf projects inflation to remain close to 5% YoY through the end of the year, until...
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