EM Policy Credibility — Weekly Briefing (2026-11-02)
Italy was the only country that moved materially this week, with its composite credibility score falling 4.1 points to 58.0.
- Score change: Italy's composite credibility score fell from 62.2 to 58.0, a change of -4.1 on the 0-100 scale.
- Main driver: The Credibility Gap component drove the decline, with a change of -11.6.
- Panel scope: No other country in the 169 monitored countries appears in this week's movers list.
- Data gaps: Eleven sources were degraded this week (BIS_POLICY_RATES, EMBER, EPU, FAO, FRED_CPI, ILO_CPI, IMF_CTOT, IMF_MFS, OECD_CLI, OECD_CPI and WB_NIGHTLIGHTS), so this picture is incomplete.
Movers
| Country | Before | After | Change | Driver |
|---|---|---|---|---|
| Italy (ITA) | 62.2 | 58.0 | -4.1 | Credibility Gap |
Data caveat: the following sources are currently degraded and may lag: BIS_POLICY_RATES, EMBER, EPU, FAO, FRED_CPI, ILO_CPI, IMF_CTOT, IMF_MFS, OECD_CLI, OECD_CPI, WB_NIGHTLIGHTS.