Mar 22, 2022

Global trade exposure to the Russian and Ukrainian economies is limited and has been declining over the past year, which will restrict the direct impact of the war to certain countries (eg. Belarus, Moldova, Poland, Turkey) and sectors (oil & gas, fertilizers, metals, agrifood).

Mar 18, 2022

The Russian invasion of Ukraine has brought back significant headwinds to the global economic recovery and raised wider geopolitical risks. We have cut our global growth forecast to +3.3% in 2022 and +2.8% in 2023, revised on the downside by -0.8pp and -0.4pp respectively.

Mar 15, 2022

The US economy is less directly exposed to the economic consequences of the invasion of Ukraine compared to Europe. But surging energy prices will drive inflation even higher.

Mar 09, 2022

The invasion of Ukraine has created a significant negative supply-side shock to the Eurozone. Inflation continues to rise while financial sanctions have effectively shut down non-energy trade with Russia.

Mar 08, 2022

The unadjusted gender pay gap is a snapshot that shows the average differences in pay between all men and all women in the workforce. It stands at 15% in the EU. Reflecting mostly lower participation rates and shorter working lives, the unadjusted gender pension gap is more than twice as high.

Mar 04, 2022

The invasion of Ukraine will propel Europe's already high energy prices even higher: We expect at least +30% increase in the energy bill for 2022, hitting low-income households in the UK and Germany the hardest.