Standardised coverage and timely analysis helping you to understa...
Standardised coverage and timely analysis helping you to understand the economic drivers, including GDP, external trade, consumption and leading indicators such as business and consumer confidence, underpinning consumer markets.
The US economy experienced robust growth in 2023, driven by increased private and public spending. However, economic growth is predicted to slow in 2024, due to tight monetary and fiscal policies. The federal funds rate is predicted to remain…
In 2023, the UK’s GDP growth slowed considerably, to 0.1%, with the last two quarters of 2023 seeing a contraction in GDP. Despite receding inflationary pressures, inflation remains above the Bank of England’s target, while households are pressured…
In 2023, real GDP growth in Norway slowed to 1.2%, due to a drop in household consumption, but it continued to outperform the Western European average, thanks to strong per capita expenditure. Despite declining imports and exports, due to global…
In 2023, Morocco’s economy showed a degree of resilience, with GDP growth of 2.4%, surpassing the regional average, driven by private spending, a recovery in the tourism sector and a slight increase in exports. However, slow public consumption and…
Despite an economic slowdown in 2023, Mexico’s economy outperformed the Latin American average, supported by relatively strong domestic demand and ongoing nearshoring investments. However, a further deceleration is anticipated in 2024, owing to a…
In 2023, Ghana’s economy slowed, with GDP growth of 2.0% in real terms. The slowdown was attributable to macroeconomic instability, a significant surge in inflation, and decreases in exports and investment. However, the economy is projected to…
In 2023, Germany’s economy contracted by 0.3%, due to sluggish spending, which was impacted by high inflation and stricter financing conditions. However, an improvement is expected in 2024, with projected GDP growth of 0.2%, while inflation is set to…
Finland’s economic growth stagnated in 2023, despite a rise in public consumption. In the near future, the country’s economic development is projected to improve with the help of the Next Generation EU scheme, although sluggish growth in private…
The report examines the economic landscape of Venezuela and provides information on major monetary indicators, foreign trade and government finance. The economy expanded in real terms in 2023, driven by private consumption, government spending,…
In 2023, Canada witnessed sluggish economic growth, hampered by weak investment and exports, tighter monetary policy and increasing household debt. Economic growth is projected to decelerate further in 2024, influenced by elevated interest rates,…