Global Economic Outlook 2015—BRICS

Global Economic Outlook 2015—BRICS

A Short-term Pulse of Growth Opportunities

RELEASE DATE
20-Mar-2015
REGION
Asia Pacific
Research Code: 9A78-00-0A-00-00
SKU: CI0094-AP-DE_18227
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Apart from India which appears to be on an upward growth trajectory, the growth outlook for BRICS countries remains subdued. Russia is expected to continue to reel under the pressures of Western sanctions and falling crude oil prices, and no growth is expected in 2015. China’s housing market is expected to continue to remain weak in 2015 after a significant decline in housing sales in 2014. Weak growth is expected in South Africa and Brazil as well.

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Related Research
Apart from India which appears to be on an upward growth trajectory, the growth outlook for BRICS countries remains subdued. Russia is expected to continue to reel under the pressures of Western sanctions and falling crude oil prices, and no growth is expected in 2015. China’s housing market is expected to continue to remain weak in 2015 after a significant decline in housing sales in 2014. Weak growth is expected in South Africa and Brazil as well.
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No Index No
Podcast No
Author Neha Anna Thomas
WIP Number 9A78-00-0A-00-00
Is Prebook No