We keep close tabs on the global economy using two observational publications, Global Inflation Heat Maps and GDP Heat Maps. The monthly Global Inflation Heat Maps are a monthly visual representation of the evolving inflationary pressures across various sectors in the world’s largest economies. The quarterly GDP Heat Maps summarises the national accounts data for 53 countries.

Latest publications

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GDP Heat maps

January 2024

Global inflation: is 4 per cent the new norm?

Global nominal growth stabilised in the third quarter, at 6.6 per cent, with strong showings from Japan, India, Hong Kong and Taiwan, from US and Canada, and from Italy and Russia. A spurt in US real growth counterbalanced a widespread softening of activity, while global inflation ticked higher in Q3, led by emerging countries.


March/April 2024

Energy and transport defy the disinflationary trend

Central banks will take comfort from the continued downward drift of North American, Japanese and European core inflation rates. However, the annual comparisons for energy, transport and clothing are becoming less favourable. Post the Chinese New Year, China has a more inflationary hue. Emerging inflation troughed last June.