CEIC Blog

Curated news and insights covering emerging and developed markets directly from CEIC's analysts worldwide.  

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EU’s Demographic Challenges

18th April 2018
As of 2016 the population of the 28 members of the European Union amounted to 511.5mn people or around 69% of the total population of the continent. While the majority of the EU countries are held in high regard in terms of their quality of life, there are considerable demographic issues that have been bothering the EU for decades – low birth rates, ageing population and high emigration.
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Turkey: Lira Depreciates to Record Low Levels in November

29th November 2017
The Turkish lira dropped to a record low levels during the second half of November. A US dollar could be bought for 3.96 TRY on November 23, while the euro was valued at 4.69 on November 28. The discrepancy has been rising rapidly since the middle of September after political tensions between Turkey and the United States.
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South Africa Purchasing Managers' Index (PMI)

21st November 2017
South Africa has registered its best Purchasing Managers' Index (PMI) performance in five months. The seasonally adjusted PMI rose with 2,9 percentage points, from 44,9 in September to 47,8 in October 2017. This development was helped mostly by an increase of the new sales orders (6,7 % points), while inventories and employment remained weak. Nevertheless, PMI remained below the 50-mark threshold that separates economic expansion from contraction.
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Romania: Economy Grows Above Expectations

16th November 2017
Romania recorded its highest annual real GDP growth since the global recession of 2007-08, reaching 8.6% in Q3 2017. Even though the country has been consistently among the overachievers in the EU in terms of economic growth in the past years, this development has surprised experts which were projecting figures close to the Q2 performance (5.9%).
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China’s Single’s Day

14th November 2017
China’s Single’s Day once more broke records this year with astounding figures to highlight the biggest retail day of the year in Asia.
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World's Biggest Banking Systems

9th November 2017
China's banking system became the biggest in the world at the end of 2016. As three of the world’s four largest banks by assets are now Chinese, the total assets of the country’s banking system reached USD34 trillion; more than the eurozone’s USD32.7 tn and more than double the US’ USD16.1 tn.
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Malaysia's 2018 Budget

3rd November 2017
Last week Malaysia's Prime Minister Najib Razak announced the 2018 budget, introducing government plans to contain the country's fiscal deficit.
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Australian House Prices

25th October 2017
Australia's housing market has made a habit of defying financial gravity. House prices have been growing at a double-digit pace so far this year.