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Dominican Republic on track for a robust recovery

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DOMINICAN REPUBLIC

In comparison with 2019 output figures, the 2021 GDP increase amounts to 4.7%, reflecting a real reactivation of the economy rather than merely a statistical rebound, as seen in…

Markets do not expect Hungary to quell inflation

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HUNGARY

This was legislating by decree; the announcement gave few details of the changes from the budget passed in parliament in mid-2022. The announcement did say an increase in the…

Brazil's auto sector faces multiple challenges

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BRAZIL

Disruption in global supply chains first and, more recently, slow demand recovery have prompted large automakers to cease production temporarily and to put employees on collective…

ECB QE will boost credit growth, but not soon

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EURO-AREA

Is quantitative easing helping credit growth?

Import obstacles will slow Argentine economic rebound

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ARGENTINA

In January, the Central Bank of Argentina restricted access to the official exchange market for imports of some luxury goods, while the government asked companies to present their…

Higher oil prices damage India’s economic outlook

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INDIA

GDP growth picked up in the final quarter of 2017. The improvement was broad-based; manufacturing, construction, services and agriculture all expanded. However, higher oil prices…

Prospects for the global economy to end-2021

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PROSPECTS H2 2021

However, supply is struggling to keep pace with demand, and dislocation effects plus shortages of some critical goods and workers are raising prices. GDP growth forecasts for 2021…

Italy’s Conte will not fully implement fiscal plan

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ITALY

The new government’s investiture vote in parliament on June 5-6 was preceded by massive volatility in financial markets. Its fiscal plan appears unsustainable and its views on EU…

Price signals in Japan have turned positive

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JAPAN

Tokyo must now decide whether the economy has finally turned a corner and entered a period of healthy wage and price growth that will last.

Prospects for the global economy in 2017

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PROSPECTS 2017

Prospects for the global economy in 2017.