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12 Feb 2019  |  Europe  |  Economic and Databases
Eastern Europe and CIS Economic Tracker—Insights and Trends, H2 2018
Moderating export growth to affect growth forecast
The growth outlook for the economies in the Eastern Europe and The Commonwealth of Independent States (CIS) remains moderate. While the economic growth in the Eastern European countries such as The Czech Republic, Hungary, and Poland is gaining momentum, Turkey is expected to plunge into a near-zero growth situation by the end of Q4 2018. Czech eco...
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12 Feb 2019  |  Asia Pacific  |  Economic and Databases
Asia-Pacific Economic Tracker—Insights and Trends, H2 2018
Slump in Manufacturing Output Restraining Growth
In Q3 2018, regional growth in the Asia-Pacific region remained stagnated at 4.6% with growth expected to remain low during the forecast period. In Australia, GDP growth increased from 2.4% in 2017 to 2.9% in 2018, largely due to increase in business investment and private consumption. Sri Lanka is expected to register 2.9% in Q3 2018, slower than ...
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07 Feb 2019  |  Africa  |  Economic and Databases
Middle East and Africa (MEA) Economic Tracker—Insights and Trends, H1 2018
Higher Oil Prices Drive Growth Recovery
Economic recovery in Saudi Arabia will continue to be supported by pick up in oil production to compensative for output decline in Iran. While Aramco privatization is delayed, Saudi aims to generate $11 billion non-oil revenue through privatization program by 2020. The killing of journalist Khashoggi heightened capital flight in October 2018, as th...
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07 Feb 2019  |  Africa  |  Economic and Databases
Middle East and Africa (MEA) Economic Tracker—Insights and Trends, H2 2018
Privatization Led Non-oil Sector Growth Drive Economic Growth in the Region
Economies of the Middle Eastern countries will remain modest due to higher oil exporting revenue being moderately offset by recession in Iran. Higher oil prices are expected to drive oil and gas and hydrocarbon sector in the region, with Saudi Arabia leading the pack in 2019. OPEC oil production dipped in November 2018 due to fall in Iranian produc...
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29 Dec 2017  |  Africa  |  Economic and Databases
Emerging Middle East and Africa (MEA) Economic Tracker—Insights and Trends, Quarter 3, 2017
Mounting Political Unrest to Lead to Economic Jeopardy
The growth outlook for the Middle East countries in Q3 2017 was somber amid burgeoning geopolitical crisis and ongoing low oil prices. The Saudi Arabian economy continued deterioration in 2017 registering negative growth rates in Q1 and Q2 2017 owing to The Organization of the Petroleum Exporting Countries (OPEC) agreement on curbing oil production...
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29 Dec 2017  |  Africa  |  Economic and Databases
Emerging Middle East and Africa (MEA) Economic Tracker—Insights and Trends, Quarter 2, 2017
Economic Diversification Remains High
Low oil prices will continue to take a toll on the economic health of the gulf economies in the second quarter of 2017. Low energy prices leading to burgeoning fiscal deficit have adversely affected Qatar’s economic prospects. Output in the oil and gas sector remained flat and GDP growth appears to have contracted in Q1 2017. The multi-year $200 ...
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29 Dec 2017  |  Africa  |  Economic and Databases
Emerging Middle East and Africa (MEA) Economic Tracker—Insights and Trends, Quarter 1, 2017
Economic Outlook Challenged by Oil Production Cuts
The economic outlook for the Middle Eastern countries is challenged by the continued oil price sluggishness. The fiscal consolidation measures will continue throughout 2017 to combat deficit and is expected to ease in 2018 if oil prices uptick. On one hand, the first half of 2017 is being characterized by Saudi Arabia led oil production cut agreeme...
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28 Dec 2017  |  North America  |  Economic and Databases
Emerging Latin America Economic Tracker—Insights and Trends, Quarter 1, 2017
Rebounding Economy Sustained by Expanding Manufacturing Sector
Emerging Latin America's economic growth rebounded to 2.2% in Q1 2017 supported by a strong growth in the manufacturing sector. The Manufacturing Index of Industrial Production growth rate for the region was 3.7% in Q1 2017. Panama registered the strongest manufacturing sector growth of 9.6%, while Chile’s manufacturing sector continued its downw...
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28 Dec 2017  |  North America  |  Economic and Databases
Emerging Latin America Economic Tracker—Insights and Trends, Quarter 2, 2017
Changing Trade Relations to Guide Economic Growth Trajectory
In Q2 2017, growth in Latin America slowed to 1.9% compared to the growth of 2.2% in Q1 2017, as manufacturing sector shrank by 0.5% and external demand declined. Colombia, Mexico, and Panama’s economic growth declined registering 1.2%, 2.2%, and 5.4% growth, respectively, in Q1 2017. However, Panama continues to remain the fastest growing econom...
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28 Dec 2017  |  North America  |  Economic and Databases
Emerging Latin America Economic Tracker—Insights and Trends, Quarter 3, 2017
Stabilizing Economic Growth across the Region
Economic growth remained stable in Q3 2017 with the region recording growth of 1.9%. Chile and Colombia registered higher growth compared to Q2 2017, while Mexico and Panama’s growth slowed slightly. Decline in manufacturing and mining sector in Mexico had adversely affected the country’s economy which recorded 1.6% growth in Q3 2017. Mexicoâ€...
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