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 ...

Latin American economy is likely to remain moderate for H1 2016 as growth is expected to gradually pick up in 2016 mainly due to strong domestic demand. Currency depreciation has increased inflation above target in most of the countries (except Mexico) and remains a major cause of concern for respective Central Banks. Planning and implementation of...

The growth outlook of the region is expected to remain lackluster for the rest of 2015. But it is anticipated that there will be no temporary slowdown in the region till H1 2016 in spite of low growth rates of around 3% for the region. Unfavorable combination of external factors like low commodity prices, sluggish exports, slowdown in China, rising...

The regional outlook remains depressing for H1 2016, as Brazil and Russia still are technically in recession. Slowdown in China and strengthening of the US dollar have weakened global commodity prices. This has severely hampered the South African economy as it is highly reliant on commodity exports. Moreover, continuous inflation and tightening of ...

The economic outlook of the region for H2 2015 does not look promising, as Brazil and Russia continue to be negatively impacted due to lower commodity prices. Devaluation of local currency and softening of Gross Domestic Product growth are anticipated to create further market distortions in China. Persistent high unemployment and decreasing product...

A slowdown in energy sector is likely to hamper the overall growth of North America, which is expected to grow at a modest rate of around 2-2.5 percent in 2015 on account of weak investment growth. Rise in consumer debt and the housing market bubble are weakening the growth prospects of the Canadian economy. The Q1 2016 outlook of the United States...