Emerging Markets

The weak monthly reading underlines the challenge of strengthening household demand in an economy long driven by investment and exports.

The annual stability review links robust output and low inflation to the strength of banks, credit and the wider financial system.

The latest CPI evidence highlights weak domestic pricing power and a very different policy challenge from the higher inflation faced elsewhere.

The decision maintained borrowing conditions in a dollar-pegged economy and illustrates how US monetary policy is transmitted to the Gulf.

Growth slowed in the second quarter as policymakers tried to support domestic demand while navigating trade and property-sector pressures.