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Latest Reports

  • September 30, 2014

    The global GDP growth outlook deteriorated this month; FocusEconomics panelists now expect the global economy to expand 2.7% in 2014, which is down 0.1 percentage points from last month’s projection. The deterioration was driven by lower growth projections for the BRIC economies, the Euro area and Japan, which more than offset an upward revision to the United Kingdom’s forecast. Panelists also cut their projections for next year by 0.1 percentage points and now expect the global economy to grow 3.3%. 

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  • October 14, 2014

    Heading towards the end of the year, it is becoming more clear that Latin America’s economic performance in 2014 is going to be the worst since 2009. The economic outlook disappointed yet again in October as LatinFocus Consensus Forecast panelists made their 18th consecutive cut to the regional forecast, revising it down from the 1.3% that was expected last month to 1.2%. Although the slight cut was not nearly as sizeable as the slash observed in September, it certainly continued to reflect that analysts’ views are more pessimistic.

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  • October 14, 2014

    The Central America and Caribbean regional outlook was unchanged again in October. This month’s result reflects stable growth prospects for 7 of the 12 economies surveyed. The Dominican Republic and Honduras were the only countries for which panelists raised their projections, while Belize, Nicaragua and Puerto Rico experienced downward revisions. Panama is expected to be the region’s fastest growing economy with a projected 6.7% GDP expansion, which is unchanged over the previous month’s forecast. At the other end of the spectrum, Puerto Rico is projected to be the worst performer with an expected 1.3% contraction.

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  • September 23, 2014

    The outlook for ex-Japan Asia was stable for the fourth consecutive period this month. FocusEconomics Consensus Forecast panelists left their growth forecasts at 6.2% for this year. The stable outlook mainly reflects unrevised projections for 5 of the 15 economies surveyed, which include regional powerhouse China. Projections for Brunei, Hong Kong, Indonesia, Laos, Singapore and Vietnam deteriorated this month, while India, Malaysia, the Philippines and Taiwan saw their prospects improve. Forecasters surveyed by FocusEconomics maintained their regional growth projections for next year unchanged for the fifth consecutive month at 6.4%. 

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  • September 30, 2014

    Panelists revised down the 2014 GDP outlook for the Euro area for a second consecutive month and now expect the Euro area economy to expand 0.8% in 2014, which is 0.1 percentage points below last month's projection. The result reflected downward revisions to the outlook for 8 of the 18 economies surveyed (Austria, Belgium, Estonia, Finland, France, Germany, Italy and Latvia). The forecasts for five economies (Greece, Ireland, Malta, the Netherlands and Slovenia) were revised upward, while panelists left the outlook for the remaining 5 economies unchanged. Panelists made a downward revision to the 2015 outlook for the first time after five consecutive months of stable projections and cut their growth forecast by 0.2 percentage points to 1.3%.

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  • October 7, 2014

    The 2014 GDP growth forecast for Eastern Europe was unchanged at last month’s 1.3%. However, FocusEconomics panelists are becoming increasingly pessimistic about next year’s growth prospects. They cut their projections for the region by 0.3 percentage points over the previous month and now foresee regional GDP growth of 1.8% in 2015. This is the second consecutive month in which the panel has downgraded the 2015 growth forecast. In fact, the panel has cut the 2015 GDP growth forecast by a total of 1.2 percentage points since January, when regional economic activity was expected to grow 3.0%. 

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