Economic Tracker

In Q2 2017, growth in Latin America slowed to 1.9% compared to the growth of 2.2% in Q1 2017, as manufacturing sector shrank by 0.5% and external demand declined. Colombia, Mexico, and Panama’s economic growth declined registering 1.2%, 2.2%, and 5.4% growth, respectively, in Q1 2017. However, Panama continues to remain the fastest growing econom...

Economic growth remained stable in Q3 2017 with the region recording growth of 1.9%. Chile and Colombia registered higher growth compared to Q2 2017, while Mexico and Panama’s growth slowed slightly. Decline in manufacturing and mining sector in Mexico had adversely affected the country’s economy which recorded 1.6% growth in Q3 2017. Mexicoâ€...

Brazil, Russia, India, China and South Africa (BRICS) are expected to witness positive growth in Q4 2017. Public spending is anticipated to pick up in 2017. For 2017, Brazil and Russia are expected to register positive growth rates of 0.17% and 0.43% respectively, thereby recovering from the decline in 2016. Rebounding export has been the key drive...

Improvement in the global economic outlook helped to strengthen growth across BRICS nations. Brazil and Russia have registered positive economic growth in Q2 2017, rebounding from negative growth in Q1 2017. Brazil’s manufacturing sector recovered slowly in Q2 2017, registering a growth of 0.6% which is higher than the growth of 0.28% registered ...

The Q3 2016 outlook for the emerging European economies shows volatility, shaken by the BREXIT vote hitting investor sentiment as well as the financial market. The region is driven by strong domestic demand; however, the political deadlock created by the BREXIT referendum is likely to restrain growth. The Czech Republic, Hungary, and Poland are fac...

In Q1 2016, economies of the emerging European countries grew at a stable rate supported by improved private consumption, especially in the Czech Republic, Hungary, and Poland. Turkey’s growth is also supported by buoyant domestic demand, but the domestic political unrest has taken a heavy toll on the overall economy. Ukrainian economy might expe...

The Q2 2016 economic outlook for the emerging European economies shows mixed results. While domestic demand is driving the growth momentum in economies such as the Czech Republic, Hungary, and Poland, limited EU funding is likely to restrain short term growth. Turkey is also gaining momentum, political and geopolitical risks notwithstanding. Ukrain...

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...

The Q1 2016 outlook for emerging Asia-Pacific countries is likely to remain bearish because of the slow export recovery. Indonesian and Thai economy might uptick slightly as infrastructure investment accelerates. Malaysian economic outlook for Q1 2016 is dim as it is still battling the conflict out of the imposition of Goods and Services Tax and ad...