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Latest Reports

  • October 29, 2014

    The global GDP growth outlook for 2015 was stable this month at 3.3%, which is unchanged from last month’s projection. The forecast stemmed from stable projections for the majority of the economies covered, while the outlook for the Euro area and Japan deteriorated. Panelists also left their projections for 2014 unchanged over last month and still expect the global economy to grow 2.7%.

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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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  • October 22, 2014

    The outlook for ex-Japan Asia deteriorated slightly this month, ending a streak of stable projections that lasted for five consecutive months. FocusEconomics Consensus Forecast panelists lowered their regional growth projections for 2015 by 0.1 percentage points to 6.3%. Although the 2015 outlook for 10 of the 15 economies surveyed—including regional heavyweights China and India—was stable, downward revisions to Hong Kong, Laos and Singapore led the regional projection to deteriorate. Conversely, prospects for Cambodia and Myanmar improved this month. Forecasters surveyed by FocusEconomics left their 2014 growth forecasts unchanged at 6.2%.

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  • October 29, 2014

    Panelists revised down the 2015 GDP outlook for the Euro area for a second consecutive month and now expect the region’s economy to expand 1.2% in 2015, which is 0.1 percentage points below last month's projection. The result reflected downward revisions to the outlook for 7 of the 18 economies surveyed (Austria, Finland, France, Germany, Italy, Latvia and Slovakia). The forecasts for five economies (Ireland, Luxembourg, Malta, the Netherlands and Slovenia) were revised upward, while panelists did not change the outlook for the remaining six economies. Meanwhile, panelists left the 2014 GDP growth projection unchanged at last month’s 0.8%.

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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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