Economic Tracker

Economies of the Eastern European countries are gaining strength, being predominantly backed by domestic demand. The GDP is expected to increase by 2.84% in Q2 2018 compared to what it was a year ago, and by 3.0% by the end of 2018. The region is benefiting from upbeat labor markets and strong inflow of European structural funds. Growth in the Cze...

Regional economic growth in Americas is expected to slow from an average of 2.53% in Q4 2017 to 2.41% in Q1 2018 and further 2.35% in Q2 2018. Although manufacturing sector expanded at a slower pace of 2.0% in Q1 2018, it is expected to rise to 3.4% in Q2 2018. The pace of growth in food and beverage sector declined sharply from 4.8% in Q4 2017 to ...

Economies of the Emerging Europe are growing on a strong footing. The GDP is expected to increase by 3.42% in Q1 2018 from Q1 2017, and by 3.6% by end of 2018. The region is benefiting from buoyant labor markets and strong inflow of European structural funds apart from strong export demand from the Eurozone economy. The Czech economy grew by 4.7% ...

Strong growth is expected to continue in Emerging Europe in 2018, driven by robust private demand and a dynamic external sector. In the Czech Republic, increase in wages is driving private consumption. Following the removal of the exchange rate floor in April 2017, value of the Czech currency koruna is likely to strengthen further in 2018. Hungaria...

The Western European economy will continue its recovery with economic growth gaining momentum amid continuing political uncertainty. Frost & Sullivan expects 2017 GDP growth to reach 2% with slight moderation of 1.8% in 2018. Germany is expected to continue its strong economic growth supported by increased foreign investment inflows as well as stro...

Canada’s economic growth rate slowed in Q3 2017 to 1.7% from the high of 3.7% in Q2 2017 due to decline in housing investment and shrinking exports. The uncertainty around the North American Free Trade Agreement (NAFTA) has halted the work around motor vehicle shipping, which has impacted exports. Trade within North America is also expected to de...

Economic growth rate in North America increased to 2.2% in 2017 from 1.5% in 2016. Canada and the United States were among the top countries among advanced economies with GDP growth of 3.0% and 2.2% respectively, in 2017. The region’s manufacturing sector contracted by 1.2% while food & beverage registered a strong growth of 4.6%. In 2017, The ...

Significant fall in oil prices has drastically altered public spending patterns throughout the region. Growing number of countries are trying to opt for a strict fiscal measures and tax impositions to combat fiscal deficit. Increased oil production from Iran post sanctions could pose greater geopolitical risks on the region’s overall economic hea...

Middle Eastern economic growth is likely to remain somber due to the geopolitical turbulences throughout 2015 out of the collapse in oil prices as well as Iran nuclear deal. While Saudi Arabia is contemplating a loss of market share given increased oil production from Iran, The United Arab Emirates and Qatar are trying to remain resilient with impr...