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Economies in Asia-Pacific are likely to experience sluggish growth in 2020 on account of the unexpected ramifications of the COVID-19 outbreak. Regional growth is likely to remain stunted in H1 2020 due to the outbreak, but expected to pick up in H2 2020 as the lockdowns and travel bans are expected to be lifted. Key economies like Australia and ...

Barring Puerto Rico, the economies of Costa Rica, the Dominican Republic, Guatemala, Panama, Jamaica, and Trinidad & Tobago are on a stable growth path in the second half of 2019. The regional Gross Domestic Product (GDP) at constant prices is estimated to register 3.2% growth in Q4 2019 and is forecast to grow by 2.8% annually. There are signs of ...

Major economies in the Middle East and Africa experienced an economic slowdown with GDP growth rate declining for Saudi Arabia, United Arab Emirates (UAE), Nigeria, Qatar, Israel, and Iran in the second quarter of 2019. The area is affected by volatile oil prices, and in Q2 especially, there was a decline in oil prices and production cuts by OPEC. ...

The Americas are expected to record tepid growth in 2020, higher than that of 2019. Advanced economies such as the US and Canada are likely to witness an economic rebound in 2020. Other smaller economies like Panama and Chile are poised to grow as well. However, Argentina’s growth is likely to remain contracted on account of currency deterioration ...

In Q3 2018, regional growth in the Western Europe region remained stagnated at 1.6% with growth expected to remain low during the forecast period predominantly due to uncertainties arising out of the Brexit issues and slow growth outlook in emerging markets. Economic growth in Germany appears to have touched a near-zero situation in Q4 2018 and is ...

Economic outlook for the West European countries, like Belgium, France, Germany, Italy, Spain, the Netherlands and the United Kingdom, is expected to remain downbeat throughout 2019 due to weak business sentiment arising out of Brexit issues and slow global economic recovery. Domestic demand and consumer sentiments supported by low inflation and st...

The economies of Eastern European countries have had a slow 2019, with stalling or contracting growth in certain economies. The global economic slump, ongoing trade wars, the weak German economy, and Brexit have discouraged external demand. Internal demand, due to low inflation, wage growth, and tight labor markets, has been able to sustain the pro...

The economic outlook for Western Europe is expected to stay muted in 2020. The US-China trade wars, global economic slowdown, and the uncertainty surrounding Brexit have softened external demand, affecting export-based economies such as Germany. While unemployment rates have been low and stable across most of Western Europe, job growth has plateaue...

APAC accounted for around 50% of the global PreCast market followed by Europe , North America and Rest of the world. The Kingdoms major cities are building in huge towers, malls, hotels , office building and halls based out of precast concrete and its products. To boost the real estate and to propel the precast market the KSA government has late...