The Middle East's Out-Performers in the Middle East

Growth looks soft across a lot of Simea over the first months of addition going into Q2, sentiment looks quite poor as well. Monetary policy has lost some of its bring from a new bit to push back in a sub-injured straight cut that we've been hoping for further into this year. In contrast to some of Asia's economies, taming inflation is still very much a key factor here. It's combination of things. Part of it's about inflation, an inflation dynamic, which is cooling. But it's perhaps cooling a little slower than we thought. Core inflation has been quite sticky. We do think that peak inflation has passed across CE and are expecting a pretty