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Latest Reports

  • November 21, 2018

    Global growth dims in the third quarter

    The global economy lost steam in the third quarter following the second quarter’s strong showing. A comprehensive GDP estimate for the global economy put year-on-year growth at 3.2% for Q3, down 0.1 percentage points from last month’s preliminary estimate and below Q2’s 3.4% increase.

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  • December 5, 2018

    Growth remains lackluster in the third quarter amid conflicting dynamics

    A preliminary estimate revealed that growth in the Latin American economy was unchanged in the third quarter, as uneven dynamics across economies kept activity moderate. FocusEconomics estimates that regional GDP growth (excluding Venezuela) came in at 1.6% year-on-year, matching the second quarter’s reading and one of the worst results seen in the past year and a half. A less favorable external backdrop and political noise likely held back growth, despite an improving labor market.

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  • December 5, 2018

    Regional economy likely gained momentum in Q3

    According to a preliminary estimate, the economy of Central America and the Caribbean should have expanded 3.3% in the third quarter, which—if confirmed—would mark an acceleration from the second quarter’s 2.2% but would be below last month’s estimate of 3.4% growth. Excluding Puerto Rico, which was still mired in recession in the second quarter, growth likely declined from 3.7% in Q2 to 3.6% in Q3.

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  • December 14, 2018

    Regional economy loses significant momentum in the third quarter; signs from Q4 are mixed

    According to a comprehensive estimate by FocusEconomics, ASEAN expanded 4.7% in the third quarter of 2018, down 0.2 percentage points from last month’s estimate of 4.9% growth and marking a deceleration from H1’s average growth of 5.3%

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  • December 14, 2018

    East and South Asia is closing a strong 2018 despite multiple headwinds

    The East and South Asia region entered 2018 on a solid footing, posting the fastest growth rate in over three years in the first two quarters. The strong growth momentum reflected largely accommodative monetary conditions, robust global growth, tight labor markets and fiscal support in some countries. In H2, however, the region’s economic performance has been hit by the trade spat between China and the United, softer global growth, especially in Europe and China, higher oil prices and heightened volatility in the financial markets. According to an estimate for the region produced by FocusEconomics, ESA countries grew an aggregated 6.0% year-on-year in the third quarter, marginally undershooting last month’s estimate of a 6.1% rise. In Q4, our panelists also put growth at 6.0%. Overall, growth in the region is projected at 6.2% in 2018, only a notch below 2017’s 6.3%.

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  • November 20, 2018

    Growth drops to five-year low in Q3

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  • November 28, 2018

    CEE keeps pace through third quarter

    Preliminary estimates revealed that growth across Central and Eastern Europe (CEE) held up in the third quarter, defying expectations of a slowdown. Regional growth was penciled-in at 4.2% year-on-year in the third quarter), matching the second quarter as the slowest expansion in nearly two years but beating analysts’ expectations of a more tapered 3.8% outturn nonetheless. Although comprehensive third-quarter national accounts are outstanding throughout the region, available indicators suggest that the region’s economic momentum was sustained thanks to upbeat internal dynamics—and, in particular, due to private-sector spending and public-sector investment. This likely offset weaker external demand, which appeared to ebb through the quarter amid cooling demand from the Eurozone and the unfolding economic crisis in Turkey.

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  • November 28, 2018

    The regional economy hits a patch of turbulence in the third quarter

    According to a preliminary estimate by FocusEconomics, South-Eastern Europe’s (SEE) economy endured a bumpy third quarter, with growth weakening markedly to 2.6% from 4.3% annually in Q2.

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  • November 28, 2018

    CIS economy stutters in Q3; tensions between Russia and Ukraine flare up

    A preliminary estimate revealed that growth slid notably in the Commonwealth of Independent States (CIS) in the third quarter. Regional GDP expanded 1.8% annually, well below Q2’s 2.4% increase and the worst reading seen so far this year. Poor agricultural output hampered regional growth in the quarter, due to poor weather and a late harvest, while sluggish momentum in Russia likely spilled over into some of the region’s smaller economies.

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  • November 28, 2018

     Regional growth likely robust in Q3 despite Iran’s drag

    According to an estimate by FocusEconomics, the MENA economy expanded 2.2% annually in the third quarter. If confirmed, this would mark a slight deceleration from the second quarter’s 2.4% growth.

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  • December 12, 2018

    Regional heavyweights power upturn in Q3

    Preliminary third-quarter data revealed an upturn for the Sub-Saharan African (SSA) economy on the back of the region’s heavyweights, after having faltered in the second quarter. Regional growth in the third quarter picked up to 2.9% year-on-year (Q2: +2.3% year-on-year), broadly in line with early estimates (previously reported: +3.0% year-on-year). Despite what is expected to have been another recession-mired quarter for Angola, both Nigeria and South Africa—by far the region’s largest two economies—notched broad-based gains.

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