Economic Tracker

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 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 entire Western European region is suffering from high unemployment, debt, and extremely low levels of inflation. International exports are stimulating growth in most major economies in the region, while domestic demand remains weak. Apart from the automotive sector, the food and beverage sector has been a growth supporter in the region. Governm...

Germany and the United Kingdom are gradually emerging from the ongoing Eurozone debt crisis and are expected to post moderate growth in H2 2013. However, despite positive indications, France, Italy and Spain are likely to experience either negative or flat economic growth in 2013. The European Central Bank (ECB) will maintain low interest rates to ...

Romania and Turkey are gaining momentum, projecting positive growth in H2 2013. Eastern Europe is expected to grow at an average annual rate of 2.2 percent in 2013, with the automotive sector being the key for growth. Hungary and Turkey have completed their debt repayments to the IMF, while Ukraine is in the process of completing it. The region is ...

France, Germany, Italy, Spain, and The United Kingdom have been classified as Western European countries in this study. It is assumed that the economy in this region may post a marginal recovery in H1 2014, following a prolonged economic uncertainty. At present, the business sentiment in France is low, due to a poor Purchasing Managers Index. The s...

The Czech Republic, Hungary, Poland, Romania, Turkey, and Ukraine have been classified as Emerging European countries. The expectations of favourable fiscal and monetary measures by the government in the Czech Republic and the impressive performance of the automotive and agricultural sectors in Hungary are expected to drive the growth in these coun...