INCO News and Press, Columbia India Consumer From 06/11/22

It’s been a slow start to the month in financial markets but the ECB rate decision on Thursday finally got things moving and the US inflation data on Friday kept it going into the weekend. The Fed rate decision on Wednesday is naturally the highlight, as traders look for furthe...

India is undergoing the same urbanization and middle-income growth trend that China experienced in the 2000s. Consumption patterns will be shaped by Indian-specific characteristics, including a preference for Indian food and beverage options, personal care, and a shift toward private ...

The latest PMI data compiled for JPMorgan by S&P Global revealed an unwelcome mix of sluggish global economic growth and soaring business costs in May. Although global output growth picked up slightly in May, it remained at one of the weakest levels seen so far in the pandemic rec...

The pace of global economic growth remained among the weakest seen so far during the pandemic recovery period in May, according to the latest PMI data compiled for JPMorgan by S&P Global. Future expectations remain especially weak by historical standards in India and the eurozone ...

A strong nonfarm payroll report means that the Fed won’t be pausing their interest rate hiking campaign anytime soon. The May employment report was impressive, but it will likely be the last strong one we will see in a while. The upcoming week is filled with important centr...

It’s likely to be another action-packed week despite numerous countries seeing it shortened by bank holidays. The jobs report is typically the highlight when it comes to the first week of the month but there will be competition from the OPEC+ meeting, Bank of Canada rate decisi...

It’s been another turbulent week in financial markets and there’s nothing to suggest it’s going to ease up any time soon. This week we may have got a clue as markets went into risk-averse mode and the dollar slipped while yields declined and gold rallied. Are rece...

As we entered 2022, many emerging markets were already hurting due to higher commodity prices and rising interest rates; then a war in eastern Europe sent shock waves through the markets. The conflict in Ukraine likely bodes poorly for Eastern Europe more broadly, expanding beyond Rus...

The Russian invasion of Ukraine and the subsequent imposition of sanctions by a range of governments have served to reset the global geopolitical compass, with an immediate impact on oil and gas markets and investments. Elevated prices and new sources of demand will create opportuniti...

Our macroeconomic forecasting team assesses how the war and latest survey data have altered the economic outlook, policymaking and recession risks. Global growth was dragged lower, principally by steep contractions in Russia and mainland China. Barring the initial COVID-19 outbreak, M...