Economic Tracker

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 ...

Emerging Latin America's growth will remain moderate in Q4 2013 due to slow recovery in external demand. Private consumption demand will remain the main driver for growth in Q4 2013 and Q1 2014. Improvement in current account balances and currency values is unlikely in the short run. Foreign direct investment into the region is likely to remain sta...

Growth in BRICS economies is likely to remain subdued in Q4 2013 and early 2014 more due to internal weaknesses than external factors. Low consumption demand alongside public sector inefficiencies will hamper the economic growth of Brazil. Russia’s GDP growth is likely to stagnate and consumer price inflation will remain above the target level o...

Emerging APAC will experience restrained growth in the latter half of 2013 due to the persistent uncertainties in the global economy. However the trade balances are likely to improve owing to a gradual rise in the external demand. Rising private consumption demand will remain the main driver for the manufacturing growth in the region. The oil expor...

Australia, Argentina, Japan, and South Korea have been classified as Rest of World (RoW) countries in this study. Sluggish economic recovery, the ongoing economic slowdown in the European region, weakening internal demand, and slow industrial growth are the major areas of concern for RoW countries. Domestic demand is expected to play a critical rol...

The NA economy is gradually recovering and is expected to post an economic growth of 2.1% by the end of 2013. Strong corporate finances, rebounding investment, and gradual improvement in consumer demand are expected to support modest growth in the US economy in Q4 2013 and H1 2014. However, high domestic debt and overvalued housing market will rema...

In Australia, weak commodity prices, a strong Australian dollar and low business sentiment will dampen economic activity in H2 2013. Weak investment in mining and manufacturing is likely to keep the Australian economy sluggish. In Argentina, policy easing is expected to boost domestic demand conditions and help rebound the business confidence. Aggr...