Featured Data Additions: 2026

EMERGECW→ Romania → Prices → BNR Inflation Target and Forecast → Financial Market Projections

Quarterly forecasts for Romania were added to the EMERGECW database. These series have a forecast horizon of 2 years and include series for overall inflation, core inflation, fuel, energy, food and administered prices. Also included are inflation target forecasts and forecast uncertainty for CPI, both with upper and lower bounds. These data are sourced from the National Bank of Romania and start in Q4 2023.

Chart: Since the November 2025 report, overall inflation forecasts for 2026 in Romania worsened from a quarterly average of 6.5% to 6.8% in the February 2026 report. Energy inflation increased almost a full percentage point for 2026 from a quarterly average of 9.9% to 10.8%. Note that the February report was released a full 10 days prior to the February 28 attacks on Iran, so it will be interesting to see how these forecasts change when the National Bank of Romania updates them in May.

CANADA → Financial → Debt Securities by Sector, Currency, Maturity, Type of Interest Rate

Over 5,000 series relating to Canadian debt securities issues were added to CANADA. Detail is available by sector (private vs public), currency (C$ vs foreign currency), maturity (ST vs LT), type of interest rate (fixed vs variable) and market of issuance (domestic vs foreign). These quarterly data are sourced from Statistics Canada and start in Q1 2012.

Chart: The stock of Canadian debt securities, in book value terms, reached $6,321 billion at the end of Q3, up $127 billion from the previous quarter. By sector of issuer, the stock issued by governments was the highest, at $2,822 billion, followed by financial corporations ($2,580 billion) and non-financial corporations ($919 billion). The government sector became the main borrowing sector starting in Q1 2021, a period marked by strong borrowing needs related to the COVID pandemic.

EMERGEPR → Philippines → Public Finance and Debt → Holders of Onshore Government Securities

Ownership of onshore government securities statistics for the Philippines were added to EMERGEPR. Onshore securities are issued within the Philippines in Pesos targeting the domestic investor base. These series are reported as percentage shares of the total and cover the major holders. Quarterly data are sourced from the Central Bank of the Philippines and start in Q2 2022.

Chart: As of the end of September 2025, foreign holdings of onshore peso government securities rose to 5.9% from 5.1% at the end of Q2 2025. These percentages are significantly higher than only two years ago when the share was 1.7%. Meanwhile, resident investors held the remaining 94.1% of onshore government securities, with banks holding the largest share at 43.7%, followed by tax-exempt institutions (21.1%), other residents (13.8%), and the Central Bank of the Philippines (7.8%).

GLSECTOR → Competitiveness Measures → Bellwether Company Statistics → Microsoft

Financial statistics for Microsoft were added to the bellwether company section of GLSECTOR. Key headline concepts for income, revenue, and capex are available. Quarterly data are sourced from MS’s SEC filings and start in Q3 2015.

Chart: Microsoft’s latest report initially appeared to be a triumph, but over the next week, the stock price tumbled by 18%. Total revenue was reported at $81.3b, a 17% YoY increase, beating analyst estimates. However, the net income of $38.5b was bolstered by a one-time $7.6b accounting gain from the recapitalization of its stake in OpenAI, which is an accounting adjustment rather than an operational profit. The key issue was the rapidly rising capex, which reached $37.5b, representing a 66% YoY increase - much of it tied to AI infrastructure. The question for shareholders is whether the ROI can keep pace with the massive infrastructure bill.

SPAIN → Manufacturing, Trade and Services → E-Commerce Transactions or Business Volume

E-commerce statistics for Spain were added to the SPAIN database. Number of transactions and sales reported in euros are available with detail by type of activity and region – for example, within Spain, from abroad with Spain, or from Spain to abroad. Quarterly data are sourced from Comision Nacional del los Mercados y la Competencia and start in Q4 2013.

Chart: Spain’s e-commerce market posted double-digit QoQ growth in Q2 2025, reaching record sales of 28.3 billion euro, up 22.6% YoY. The number of transactions also climbed, by 16.8% YoY, to more than 493 million. 31.6% of the spending was domestic, between Spanish sellers and buyers, while the revenues of transactions originating in Spain that were sent to foreign locations accounted for 54.2% of the total, the vast majority to the EU.

CRYPTO → Decentralized Finance → Blockchain Distribution

Stablecoin circulation by blockchain statistics were added to CRYPTO. Two hundred and fifty-four stablecoins are tracked across 158 blockchains giving you insights into the layout of the stablecoin ecosystem. These daily data are sourced from DeFiLlama and start as early as November 2017.

Chart: Stablecoins circulate on multiple blockchains to enhance liquidity, increase utility across diverse decentralized applications, and to provide users with transaction speed and cost flexibility. $185 billion of USDT is circulating across 100 blockchains - 90% on Ethereum, Tron, and Solana. Ethereum acts as the primary network for institutional, high-value, and decentralized finance interactions. Tron is widely used for its cost-effective, high-volume transactions. Solana has emerged as a leading chain due to its high speed and low-cost transaction capabilities for everyday commerce.

EMERGECW → Russia → Financial → Deposits and Funds of Legal Entities and Individuals

Deposits and funds of legal entities and individuals statistics for Russia were added to EMERGECW. Both ruble- and foreign currency denominated deposits are available for organizations, legal entities, individuals and entrepreneurs. Monthly data are sourced from the Central Bank of Russia and start in January 2012.

Chart: Russians have amassed a record amount of bank deposits as they take advantage of historically high interest rates in the wartime economy. Upon the invasion of Ukraine in 2022, panicked depositors rushed to withdraw cash. The central bank moved quickly to hike its key interest rate to 20% in an emergency step to stem the outflow. Rates were hiked again starting in 2023 to curb accelerating inflation. The extended period of high interest rates has made ruble deposits one of the most profitable investments in the country and has led to a doubling of deposits since 2022.

EIULIVE → EIU Global Liveability Index

A new database (EIULIVE) containing EIU’s Global Liveability Index was added to the Haver offering. These data assess which cities around the world offer the best and worst living conditions. 173 cities are assigned a score for over 30 qualitative and quantitative factors across 5 broad categories: stability, healthcare, culture & environment, education and infrastructure. The scores are then compiled and weighted to derive category ratings. An overall rank is also available. These annual data start in 2009.

Chart: Al Khobar saw the biggest improvement since last year with its overall rating increasing by 2.5 in 2025 improving its overall rank by 13 (#135 overall). Saudi Arabia is investing heavily in improving access to healthcare and education under their Vision 2030 program. Calgary was ranked #5 overall in 2024 and saw a 2.1 point decrease in its overall rating in 2025 causing its rank to plummet by 13 places which now sits at #18. Strains in the country’s national health service intensified lowering Calgary’s healthcare score.