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Latest Reports

  • October 25, 2017

    Politics takes center stage amid robust economic momentum        

    The global economy is continuing to perform strongly, with growth stabilizing at levels last seen more than two years ago in Q3. According to estimates by FocusEconomics, the global economy expanded 3.2% annually in Q3, matching the result in Q2. Q3’s reading mostly reflected improving economic dynamics in emerging-market economies such as Brazil and Russia, while developed nations continued expanding healthily on the back of rising real wages due to low inflation and largely accommodative monetary policies. While the global economy appears to be in a sweet spot, political developments are gradually taking center stage, threatening to undermine the current economic momentum.

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  • November 8, 2017

    Regional recovery strengthens as election cycle begins 

    Incoming data suggests that growth momentum is largely holding up across the Latin American economy and the recovery remains firmly underway. FocusEconomics analysts estimate that GDP expanded 1.6% annually in Q3, above Q2’s 1.1% increase. If confirmed, the result would mark the fastest growth rate since Q1 2014.

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  • November 8, 2017

    Domestic vulnerabilities continue to dampen the region’s economic outlook 

    In the first half of the year, the Central American and Caribbean economy felt the pinch of harsher fiscal austerity measures to rein in large fiscal deficits and higher inflation, which eroded households’ purchasing power. As a result, growth in Central American and the Caribbean slowed to 2.3% year-on-year in Q2, down from 2.9% in Q1 and the lowest rate since Q4 2010.

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  • November 15, 2017

    Lackluster growth in Indonesia weighs on ASEAN economy in Q3 

    A second preliminary estimate of economic growth in the Association of Southeast Asian Nations (ASEAN) shows that GDP expanded at a slightly slower pace than previously expected in the third quarter. According to an estimate compiled by FocusEconomics, regional GDP grew 5.3% annually in Q3, above Q2’s 5.0% and matching last publication’s preliminary figure. The result marks the fastest growth rate since Q1 2013. 

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  • November 15, 2017

    ESA economy moves into a higher gear

    The economy of the East and South Asia (ESA) region continued to fire on all cylinders in Q3 as both domestic and external demand remained resilient. ESA’s aggregate GDP rose 6.3% annually in Q3, which was above the 6.1% increase in Q2 and the 6.1% rise that FocusEconomics analysts expected last month. Growth accelerated for the first time in nearly two years. Healthy global demand, accommodative financial conditions and resilient domestic activity have underpinned the region’s economic performance so far this year.

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  • October 25, 2017

    Economy continues to roar, while political scene becomes more uncertain

    A stream of positive data on the Eurozone economy continues to flow in. Monthly indicators suggest that the common-currency bloc recorded another period of robust growth in the third quarter, after GDP expanded by a seasonally-adjusted 0.7% quarter-on-quarter in Q2. Economic sentiment rose to the highest level in a decade in September, while in August the unemployment rate rested at a multi-year low and industrial production soared. Accordingly, FocusEconomics analysts see the common-currency block having grown a healthy 0.5% over the previous quarter in Q3.

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  • November 2, 2017

     Growth shows no signs of slowing in Q3

    The Central and Eastern European (CEE) economy is expected to have recorded another quarter of buoyant growth in Q3. FocusEconomics analysts expect GDP to have increased 4.2% annually in Q3, matching Q2’s increase, which had marked the third consecutive acceleration in growth. Growth has picked up notably since Q3 2016 thanks to reviving investment driven by higher EU development fund absorption and a spending spree by households in the region.

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  • November 2, 2017

    GDP growth seen losing considerable momentum in Q4

    Leading data suggests that the economy of South-Eastern Europe (SEE) recorded yet another quarter of strong growth in Q3 following an impressive outturn in H1. The region’s economy is expected to have expanded 5.4% in annual terms, which, if confirmed, will mark the highest print in over three years. However, concerns are mounting regarding the sustainability of growth in some of the region’s largest economies, and our panel foresees that growth will ease markedly in Q4 as economic momentum in those countries peters out. Regional GDP growth is seen coming in at 3.5% in Q4.

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  • November 2, 2017

    Recovering commodity prices bode well for CIS economy

    The economy of the Commonwealth of the Independent States (CIS) appears to be on healthier footing, after a challenging 2015–2016. FocusEconomics analysts estimate that regional growth came in at 2.3% year-on-year in Q3, after the recovery likely hit a peak of 2.8% GDP growth in Q2. A healthier economy in regional giant Russia is behind the region’s improved momentum. Inflation has fallen to historical lows, giving a tailwind to consumption, which is also benefiting from a tight labor market and improved consumer confidence. In addition, financial conditions have become more accommodative thanks to Bank Rossi’s easing cycle, and healthy global demand is propping up exports.

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  • November 2, 2017

    Geopolitical instability threatens to undermine nascent economic recovery

    The recent recovery in oil prices and still resilient domestic demand in many countries in the Middle East and North Africa (MENA) suggest that the region’s economy is emerging from rock bottom after recording the weakest rate of expansion in Q2 since the height of the financial crisis in 2009. Our latest estimates show that the region expanded 1.8% annually in Q2, which is below last month’s forecast of a 2.0% rise. While the news is bright, persistent political instability could derail MENA’s economic recovery.

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  • November 15, 2017

    Policymakers turn their attention to spurring growth 

    The economic turnaround of the Sub-Saharan Africa (SSA) economy continued in the second quarter, with growth accelerating for a third consecutive period. Comprehensive data showed that regional GDP increased 2.6% annually, notably above Q1’s 1.9% expansion. Recoveries in the region’s largest two economies—Nigeria and South Africa—drove the improvement, while several smaller economies also experienced faster growth.

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