Economic Tracker

The economic growth in the Asia-Pacific region experienced a slowdown due to increasing global trade tensions in the second quarter of 2019. Key economies in the region such as China, India, and Thailand have experienced slower than anticipated growth rates, in line with global economic slowdown. In H2 2019, inflationary pressure in the region rema...

Economic growth in the Americas is expected to slow down in H1 2019. The region continues to see low private and public sector investment. Poor infrastructure, in addition to shortcomings in the education system, contributes to low productivity and weak external competitiveness. Panama and Chile are expected to see the highest growth at 4.8% and 3....

The pace of growth in the Americas is expected to slow down in the coming quarters. The weakening global economy and an anticipated slowdown in the US economy are expected to affect economic growth in the region. While the US economy expanded with a high growth rate of 3.2% and 2.5% in Q1 and Q2 2019, the economy is expected to slow down in the com...

Economic growth in the Asia-Pacific region slumped from 5.2% in Q4 2017 to 5.0% in Q1 2018, as the escalation of the trade war between China and the United States had repercussions for global trade growth. China’s growth is likely to slump further from the 6.2% registered in Q2 2018, as manufacturing output started declining in Q2 2018. Australia...

In Q3 2018, regional growth in the Asia-Pacific region remained stagnated at 4.6% with growth expected to remain low during the forecast period. In Australia, GDP growth increased from 2.4% in 2017 to 2.9% in 2018, largely due to increase in business investment and private consumption. Sri Lanka is expected to register 2.9% in Q3 2018, slower than ...

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 ...

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 ...

The North American energy renaissance has taken a back seat in 2016 due to plunging oil prices. Canada is suffering from an economic downturn due to its heavy reliance on the oil and gas industry. The Chinese slowdown and a rising dollar will further create economic headwinds in Canada. Even though the United States stays resilient because of stron...