Economic Tracker

Growth in Western European economies is expected to recover gradually in 2015 as compared to 2014, mainly owing to the European Central Bank’s trillion-Euro monetary stimulus. Moreover, depreciation of Euro is expected to provide the much needed boost to the exports of the region in 2015. The uncertainty around the ongoing crisis in Greece is ant...

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 ...

Emerging European economies are gradually registering a positive economic growth, stemming from a sensible monetary policy from the European Central Bank. However, the reliance of the Ukrainian and Turkish economies on external financing, as a result of the ongoing critical period in these countries, has remained a major area of concern in 2014.

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...

Western European countries are experiencing a slowdown in economic growth, but the trend is uneven across the region. Purchasing Manager’s Index gave a reading of 52.1 in October 2014 (a reading above 50 signifies an expansion in output). Although major economies such as Spain and Germany reported an increase in new business opportunities, others...