Economic Tracker

Emerging European countries are expected to maintain a growth momentum in the latter half of 2014. The growth is mainly backed by improvements in external demand coupled with a rebounding domestic-demand. Regional Central Banks are expected to maintain low interest rates throughout 2014, thus maintaining price stability and keeping the inflation ra...

Dearth of internal investment and political instability is slowing down the growth of Western Europe and will dampen its recovery. The combined effects of deflation and recession along with high unemployment rate remain critical areas of concern.

North American countries had outperformed expectations in H1 2014. GDPs of the United States and Canada will continue to grow at an average rate of 2 to 2.5 percent in the latter half of 2014. Improved regional trade, strong industrial performance, and higher consumer spending are likely to boost economic growth of the region in the short run. Falt...

North America’s GDP growth recovered strongly in H1 2014, due to improved domestic demand, reduced fiscal restraints in the United States, and increase in Canadian exports. Manufacturing and energy are likely to remain the primary growth sectors of the region in H2 2014. Faltering emerging market performance is expected to increase FDI flows into...

Western Europe is expected to pick up a growth momentum in the latter half of 2014 but this trend will be uneven across the region, thanks to high inflation, high unemployment, and the political instability that is prevalent in some major countries. The manufacturing sector is expected to pick up growth due to high production of petroleum, rubber, ...

A gradual recovery in the Euro area has catalyzed an improvement in growth among the countries in Emerging Europe. Improvements in external demand, coupled with a rebounding domestic demand, are expected to drive growth in H2 2014. Regional central banks are also maintaining interest rates at relatively low levels, trying to match steps with the Eu...

The Latin American region is likely to sum up the year 2013 with an annual growth of 2.7%. Most of the major economies in the region have fared better as compared to their European counterparts. As a part of their growth initiatives most of the economies in the region are now opening up their once highly regulated state controlled energy sectors fo...

The Czech Republic, Hungary, Poland, Romania, Turkey, and Ukraine have been classified as Emerging European countries in this study. Steady growth is anticipated here in H1 2014, as the sovereign debt crisis is gradually retreating. Economic activities in the Czech Republic, Hungary, and Romania are expected to get a boost due to improved export an...

The North American regional GDP is expected to grow at a moderate rate in 2014. The recent government shutdown and political turmoil in the US weighed heavily on Q4 2013 economic activities in the region. In H1 2014, the outlook for US manufacturing is promising, in the light of an improving global scenario and US fiscal consensus. The Canadian eco...