A Rising Tide of Inflation

Inflation And Rate Hits Won't Knock Out India Inc.

India's companies and banks could feel the bite of rising rates and inflation. Credit profiles could deteriorate for up to 20% of Indian corporate debt, according to our stress test of more than 800 (mostly unrated) companies in India, representing US$570 billion in debt.

Inflation and Unrest in Sub-Saharan Africa

Inflation in developed economies and in the sub-Saharan African region has accelerated quite significantly. Central banks responded and in most instances policy rates have been adjusted upward to stem the price pressures.

With Inflation Cresting, the Global Economy Can Achieve a Soft Landing

Two shocks pushed the economy off course in the second quarter—Russia's invasion of Ukraine on 24 February and COVID-19 lockdowns in mainland China.

How Will Canadian Grocers Digest Inflation?

Food inflation was up 8.8% in the 12 months ended June 30, 2022. Canadian grocery retailers will be among the retail subsectors most affected in 2022.

Special Report: Food & Agricultural Commodity Inflation

The U.S. Consumer Price Index (CPI), the broadest measure of inflation at the consumer level, has maintained near 8.5% for three consecutive months, the highest level since 1981.

Mixed Impacts Across The Food Sector As Inflation Hits Consumer Spending

Consumers are changing their spending habits as prices continue to rise for food and other consumer goods. In a series of recent investor communications, food, retail and FMCG companies report consumers are prioritizing food and other essentials as inflation eats into household budgets.

U.S. vs Eurozone Food Inflation

Annual U.S. food price inflation reached 10.1% in May, while a similar measure for the Eurozone registered 8.9%. Although the figures of 10.1% and 8.9% suggest food price inflation is nearing similar levels in the U.S. and Europe, a closer look shows two different inflation pictures on each side of the Atlantic.

As Inventories Disappear, New Vehicle Monthly Payments Surge

With June 2022 industry 'number of days supply' coming in at 26 days, the industry now has experienced an unprecedented 14 consecutive months of inventories below a 30-day supply. "Normal" inventories are usually in the 55-65 days range, so a drop below 30 days for just one month would be extraordinary. For such a shortage to continue for over a year is unheard of.

Credit Trends: Elevated Inflation And Supply Chain Constraints Threaten Potential Credit Improvement

Following 22 consecutive months of contraction, the gap between potential downgrades and potential upgrades has tightened to a record low of just 13 as of May 31, 2022.

Mining Companies Pressured by Inflation in 1st Half of 2022

Rising costs for labor, energy and equipment and continued supply chain constraints created a snowball effect of complications for mining companies in the second quarter.

U.K. Adults Cut Back on Oil Products, Gas, Electricity Use as Costs Rise: Data

More evidence of demand destruction in advanced economies emerged Aug. 5 when a closely watched survey of consumer habits by the Office of National Statistics showed that 42% of adults in the UK had cut back on non-essential travel in vehicles in response to higher costs.

High Gas Prices Make Renewable Energy More Competitive, Even Without Tax Credits: Nextera

Despite the US Congress' failure to extend tax credits for renewables, NextEra Energy executives said July 22 they were confident that renewable energy will be a competitive option for the foreseeable future as high natural gas prices are expected to remain elevated.