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24 Dec 2019  |  Europe

Eastern Europe Economic Tracker—Insights and Trends, H2 2019

Weak Global Economy Discouraging Exports

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...

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21 Nov 2019  |  Africa

Middle East and Africa (MEA) Economic Tracker, H2 2019

Economic Slowdown Dampening Growth Prospects

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. ...

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30 Jul 2018  |  North America

Americas Economic Tracker—Insights and Trends, H1, 2018

Growth Remains Resilient Despite Escalating Trade Conflict

Regional economic growth in Americas is expected to slow from an average of 2.53% in Q4 2017 to 2.41% in Q1 2018 and further 2.35% in Q2 2018. Although manufacturing sector expanded at a slower pace of 2.0% in Q1 2018, it is expected to rise to 3.4% in Q2 2018. The pace of growth in food and beverage sector declined sharply from 4.8% in Q4 2017 to ...

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29 Aug 2018  |  Europe

Eastern Europe and CIS Economic Tracker—Insights and Trends, H1 2018

Resilient Domestic Demand Drives Economic Growth

Economies of the Eastern European countries are gaining strength, being predominantly backed by domestic demand. The GDP is expected to increase by 2.84% in Q2 2018 compared to what it was a year ago, and by 3.0% by the end of 2018. The region is benefiting from upbeat labor markets and strong inflow of European structural funds. Growth in the Cze...

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30 Jan 2018  |  North America

North America Economic Tracker—Insights and Trends, Quarter 3, 2017

Uncertainty around Key Regional Trade Deal Constraining Economic Growth

Canada’s economic growth rate slowed in Q3 2017 to 1.7% from the high of 3.7% in Q2 2017 due to decline in housing investment and shrinking exports. The uncertainty around the North American Free Trade Agreement (NAFTA) has halted the work around motor vehicle shipping, which has impacted exports. Trade within North America is also expected to de...

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02 Feb 2018  |  Europe

Western Europe Economic Tracker—Insights and Trends, Quarter 4, 2017

Strong Economic Recovery with Bright Growth Prospects for 2018

The Western European economy will continue its recovery with economic growth gaining momentum amid continuing political uncertainty. Frost & Sullivan expects 2017 GDP growth to reach 2% with slight moderation of 1.8% in 2018. Germany is expected to continue its strong economic growth supported by increased foreign investment inflows as well as stro...

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19 Jan 2018  |  North America

North America Economic Tracker—Insights and Trends, Quarter 4, 2017

Strong Growth Momentum despite Uncertainty Around Regional Trade Agreement

Economic growth rate in North America increased to 2.2% in 2017 from 1.5% in 2016. Canada and the United States were among the top countries among advanced economies with GDP growth of 3.0% and 2.2% respectively, in 2017. The region’s manufacturing sector contracted by 1.2% while food & beverage registered a strong growth of 4.6%. In 2017, The ...

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08 Feb 2018  |  Europe

Western Europe Economic Tracker—Insights and Trends, Quarter 3, 2017

Domestic Demand Helps Recover Eurozone Economy

The Western European economies are back to the growth momentum supported by strong domestic demand and low interest rate despite high political uncertainties. The regional GDP growth is likely to increase up to 2.25% from 1.65% registered one year back. the French economic growth is expected to stay robust in the second half of 2017 supported by s...

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16 Mar 2018  |  Europe

Emerging Europe Economic Tracker—Insights and Trends, Quarter 3, 2017

Growth Accelerates Further; Buoyant Domestic Demand

Strong growth is expected to continue in Emerging Europe in 2018, driven by robust private demand and a dynamic external sector. In the Czech Republic, increase in wages is driving private consumption. Following the removal of the exchange rate floor in April 2017, value of the Czech currency koruna is likely to strengthen further in 2018. Hungaria...

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16 Mar 2018  |  Europe

Emerging Europe Economic Tracker—Insights and Trends, Quarter 4, 2017

Domestic Demand Supports Strong Growth

Economies of the Emerging Europe are growing on a strong footing. The GDP is expected to increase by 3.42% in Q1 2018 from Q1 2017, and by 3.6% by end of 2018. The region is benefiting from buoyant labor markets and strong inflow of European structural funds apart from strong export demand from the Eurozone economy. The Czech economy grew by 4.7% ...

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