Economic Update
The Netherlands: Economic Recovery Continues
Household consumption and exports have further increased. Additionally we expect the factors causing upward inflation to be temporary.
Economic Update
Household consumption and exports have further increased. Additionally we expect the factors causing upward inflation to be temporary.
Special
Tensions between the EU and China have increased considerably and some decoupling is likely. With a vulnerability heat map, we show that a sharp deterioration of EU-China relations would have negative implications for the entire EU, but mostly for Germany.
Economic Report
Australia is facing new lockdowns due to the spread of the Delta variant. Nonetheless, we expect the economic impact to be less severe than last year. Inflation reached a high point of 3.8%. However, the central sees this as temporary and the RBA doesn’t expect to hike rates before 2024.
Economic Report
India’s economy rebounds quickly and economic pain of the second wave will be concentrated in the second quarter. Inflation number were above inflation target of the RBI in May and June but seem to have peaked. We expect the RBI to remain its accommodative stance for some time to come.