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Population fall will affect Japan despite policy moves

Location:

JAPAN

A shrinking population and falling share of the population of working age are major factors influencing developments in the economy and society in the short and long term.

New IGR will add to concerns about labour productivity

Location:

AUSTRALIA

The Labor government brought forward this IGR, which appears only two years after the 2021 edition rather than the usual five, suggesting that its multi-decade perspective would…

Peru's growth will remain sluggish this year

Location:

PERU

The economy is increasingly dependent on the mining sector and on mineral sales to China. The domestic economy remains hampered by depressed internal demand.

Canada's cereals exports will remain strong next year

Location:

CANADA

Wheat exports are expected to rise by 60% to almost 20 million tonnes (Mt) year-on-year, and oat and barley production is also up. As its agricultural output increases, Canada can…

Industry digitalisation will remain uneven in Brazil

Location:

BRAZIL

The survey, by the Brazilian Institute of Geography and Statistics (IBGE), shows that 84.9% of industrial firms applied at least one digital technology in 2022, with cloud…

Weaker demand to test automakers amid industry change

Location:

INTERNATIONAL

Automakers are cutting costs to invest in the electric, connected and autonomous technologies on which they are staking their future. Risks are high: new firms are challenging…

Any recovery from the UK recession will be very modest

Location:

UNITED KINGDOM

Government measures to boost the economy, including tax cuts in November, are having little effect. There is little scope for further stimulus in the March budget. Political…

Commercial property poses risks for narrow focus banks

Location:

EUROPE

Banks in larger EU states are heavily exposed to European and US CRE markets, which have further to fall in 2024. Writedowns are underway, dealing a blow to sentiment and harming…

Consumption will remain China's key growth driver

Location:

CHINA

Officials announced science and technology innovation as the top priority for 2024. The overall tone was supportive of economic growth, with announcements including backing for…

Labour supply constraints will dampen Russian growth

Location:

RUSSIA

Although the Russian economy is performing well, future growth will be at risk if current imbalances in the labour market are not resolved. Labour policies are being adjusted to…