The January 2021 edition of our Global Macro Perspectives report features in-depth commentary of the key macro themes shaping the global economic outlook, as well as our latest country and regional views on growth, inflation, and exchange rates.

In this month’s edition, we discuss the impact of rapidly worsening public health outcomes and ongoing vaccination campaigns on the global economic outlook. Despite very high infection rates, the world economy remains on track to transition towards a reflationary regime, characterized by strong global GDP growth and higher CPI inflation.

Please note that Numera clients are now able to download the 22 charts in Global Macro Perspectives via our new Macro client website. If you would like a website tour, please contact Chris Cook at