Economic Tracker

The Latin American economies are anticipated to register subdued growth in H2 2014 caused by weak commodity prices and political uncertainties. As a result, confidence levels will diminish. However, growth levels are expected to pick up in H1 2015, with economies such as Mexico and Colombia benefiting from positive spillovers of the US recovery and...

Growth in North American is expected to stabilize in 2015 owing to a healthy rebound in the US economy. Driven by resilient consumer demand, it is anticipated that the region will grow by 2.5 percent in H1 2015. A strong US dollar and increased demand from the US may boost Canadian exports in H1 2015. External factors such as the slowdown in the Ch...

BRICS countries are expected to end 2014 on a low note, owing to various domestic as well as external factors. Weak global recovery is taking a toll on the external demand of these countries, while high consumer prices are likely to hinder strong private consumption growth in the coming quarters. Investors’ sentiments remain uncertain in Q4 2014,...

After a subpar performance in 2014, BRICS’s GDP growth is likely to recover in 2015, albeit at a very slow rate. Supportive government policies are likely to boost consumer demand and investment gradually in the BRICS economies in H1 2015. Overall, the outlook for H1 2015 remains restrained but stable.

Compared to the previous year, economy in BRICS countries including Brazil, Russia, India, China and South Africa has shown downward trend in 2014. Except China and India, GDPs of the other emerging BRICS countries are likely to remain close to their 2013 levels. Despite huge opportunities, political instability, rising consumer prices, high unempl...

Strong economic growth supported by resilient domestic demand, growth in exports, accommodative government policies, and improved investor confidence is expected for the Emerging Asia Pacific economies in H1 2015.

Economic growth in the emerging APAC regions will be resilient through H2 2014 and the beginning of 2015. While favourable financial conditions, improving labour market conditions, and broadly accommodative policies will support domestic demand growth, global economic recovery and a stronger-than-expected recovery of the US economy will help boost ...

Strong GDP growth supported by resilient domestic demand, prudent fiscal policies, and improved business sentiments is expected for the North American countries in Q1 2015, regardless of the slowdown and uncertainty in the global economy

The growth outlook for the emerging APAC region for H2 2014 remains strong despite weaker growth in Q1 2014. Growth in the region picked up in Q2 2014, primarily driven by stronger export demand from the advanced economies and improved financial conditions that helped strengthen the domestic demand. While relatively low interest rates in the region...