Economic Tracker

Economic conditions in the Eurozone economy are set to improve in Q4 2015 driven by robust domestic demand, as private consumption is improving. The uncertainty cloud regarding Greece has settled to some extent on agreeing to a tentative bailout agreement to address its debt crisis. Exports are also reviving, prompted by a weaker Euro. Low oil pric...

Eurozone economy remains resilient with the anticipation of a steady domestic demand driven economic growth in Q4 2015 and Q1 2016. An expansionary monetary policy backed by low oil prices and a weaker Euro are expected to be the growth drivers of the region. Key industries like manufacturing and services will continue to perform well as suggested ...

In Q1 2015, the region picked up growth, owing to favorable conditions like low-oil prices, improving Eurozone economy, and global economic conditions. However, it gradually started subsiding from Q2 2015, as ongoing crisis in Ukraine, contraction in Russia, weak performance of the external sector coupled with soft growth rates in Hungary and Polan...

Depressed investor confidence and the on-going deadlock in Ukraine remain major hindrances to growth for Emerging Europe for the rest of 2015. Encouraging factors such as improved private consumption, increasing industrial production, and exports are expected to expedite the growth momentum for the Czech Republic and Poland. However, the contractio...

The Western European countries were recovering gradually in Q1 2015 mainly driven by a stronger domestic demand and an improvement in private consumption. A favorable combination of subdued global oil prices, a weak Euro and European Central Bank’s aggressive trillion-Euro monetary stimulus is poised to drive the growth of the Western European ec...

Emerging Europe is expected to witness a repressed growth of about 2.2% in H2 2015 due to bearish investor confidence and ongoing dilemma associated with the Greek and Ukraine crisis. Although economic growth in most of the regional countries is expected to gather momentum in Q3 and Q4 2015, led by Czech Republic and Romania, the contraction in Rus...

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,...

Despite slowdown, BRICS economies are likely to drive global growth in 2015, with India and China witnessing 2–3% higher growth than the global average of 3.5%. Lower oil prices will continue to support steady consumption growth in oil importing countries such as India, China, and South Africa. However, Russia and Brazil are likely to suffer from...

Emerging Europe is expected to see a subdued growth of about 2% in H1 2015 due to lower investor confidence and uncertainty associated with the Greek and Ukraine crises. European Central Bank’s monetary stimulus from March 2015 is expected to reduce deflation and the proposed European Union investment plan is likely to improve investments in key...