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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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  • September 16, 2014

    Latin America’s economic growth prospects for 2014 remained under pressure in September and raised further doubts about how the region’s economy is going to perform this year and next. LatinFocus Consensus Forecast panelists cut the projections for the region from the 1.6% growth rate expected last month to 1.3%. September’s result represents a notable downward revision to the region’s economic outlook and marks the 17th consecutive month in which forecasters have lowered the projection. 

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  • September 16, 2014

    FocusEconomics Consensus Forecast panelists left their overall 2014 economic growth projection for the region unchanged in September. This month’s outlook reflects stable growth forecasts for 9 of the 12 economies surveyed. Panelists raised their economic forecasts for Belize and Guatemala, while Trinidad and Tobago was the only economy to experience a downward revision. The region’s fastest growing economy is expected to be Panama with an estimated 6.7% GDP expansion, followed by Nicaragua at 4.4%. At the other end of the spectrum, El Salvador and Jamaica are seen as having the slowest growth at 1.9% and 1.2%, respectively. Puerto Rico is projected to be worst performer overall with an expected 0.9% 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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  • September 9, 2014

    Growth forecasts for Eastern Europe deteriorated this month as panelists turned pessimistic yet again. Last month’s upward revision to the region’s 2014 growth forecast was the only upgrade in over a year. FocusEconomics Consensus Forecast panelists have now cut their projections for the region by 0.2 percentage points over the previous month. Not only has this completely wiped out last month’s upgrade, but the projected 1.3% GDP growth marks a new low for the region. 

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