Category: Service Industries
Service Industries market research reports by Oxford Economics
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Macro - Weekly Briefings - United Kingdom
Macro - Weekly Briefings - United Kingdom UK GDP growth beat expectations again in May, meaning output remains on track for another quarter of solid growth in Q2. This adds to the evidence that the economy has now firmly turned a corner and supports our above-consensus forecast for GDP growth in 202 ... Read More
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Macro - Weekly Briefings - Emerging Markets
Macro - Weekly Briefings - Emerging Markets We expect the recent fiscal concerns that drove a sell-off in Brazilian assets will be temporary and interest rates to have peaked. We find that, although fiscal sentiment has worsened during the last few months ... Read More
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Macro - Weekly Briefings - United Kingdom
Macro - Weekly Briefings - United Kingdom The Bank of England's Financial Stability Report echoed our warnings that the impact of tighter monetary policy is still to fully pass through to households. The increase in debt servicing costs should be manageable for most, but there's a long tail ... Read More
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Macro - Weekly Briefings - US
Macro - Weekly Briefings - US Even though economic growth in Q2 is tracking below our expectations, we still think the core of the economy is healthy and we anticipate growth will remain close to 2% over the rest of this year. The labor market is resilient, and with inflation pressures easing again, ... Read More
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Macro - Weekly Briefings - Emerging Markets
Macro - Weekly Briefings - Emerging Markets Headline inflation in most of the ASEAN-6 (Indonesia, Malaysia, the Philippines, Singapore, Thailand, and Vietnam) is tracking higher this year. However, we still expect full-year figures for inflation in 2024 will be softer than in 2023, except in Vietnam ... Read More
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Analysis by Region - Emerging Markets - Iran
Analysis by Region - Emerging Markets - Iran Despite a significant increase in crude oil output in 2023, Iran’s GDP growth is expected to slow in 2024 due to reduced oil exports and fixed investment. Growth is projected to slow in FY2024 to 2.9%, hindered by tighter sanctions affecting oil productio ... Read More
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Industry - Country Industry Forecasts - United States
Industry - Country Industry Forecasts - United States US industrial production growth has been revised up to grow 2.1% in 2024, and gradually cool down in 2025 with 1.5% growth. We expect to see positive sequential quarter-on-quarter growth every quarter this year except for Q4. We continue to belie ... Read More
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Industry - Country Industry Forecasts - United Kingdom
Industry - Country Industry Forecasts - United Kingdom We have revised down our forecast for 2024 industrial production growth to 0.3%. We expect the Monetary Policy Committee will begin to cut interest rates in August of this year as there is evidence of loosening in labour market conditions and we ... Read More
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Macro - Weekly Briefings - United Kingdom
Macro - Weekly Briefings - United Kingdom UK private sector regular pay growth continued to soften in April, despite upward pressure from the month's national living wage increase. With labour market conditions continuing to cool, we expect pay growth to weaken further in the coming months, allo ... Read More
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Macro - Weekly Briefings - US
Macro - Weekly Briefings - US The Federal Open Market Committee's updated economic projections point to just one rate cut this year, but those forecasts are already outdated as they don't capture the good news on inflation reported this week. We continue to expect two rate cuts this year, wi ... Read More
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Analysis by Region - Emerging Markets - Kuwait
Analysis by Region - Emerging Markets - Kuwait Industrial production (manufacturing, extraction and utilities) is forecast to lag economic growth in 2024, increasing by 0.3%, picking up to 1.9% growth in 2025. ... Read More
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Industry - Country Industry Forecasts - Czech Republic
Industry - Country Industry Forecasts - Czech Republic Industrial production (manufacturing, extraction and utilities) is forecast to outpace economic growth in 2024, increasing by 1.6%, picking up to 4.3% growth in 2025. ... Read More
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Industry - Country Industry Forecasts - Netherlands
Industry - Country Industry Forecasts - Netherlands Industrial production (manufacturing, extraction and utilities) is forecast to lag economic growth in 2024, falling by 3.1%, picking up to 3.3% growth in 2025. ... Read More
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Industry - Country Industry Forecasts - Denmark
Industry - Country Industry Forecasts - Denmark Industrial production (manufacturing, extraction and utilities) is forecast to outpace economic growth in 2024, increasing by 6.7%, before easing to 6.1% growth in 2025. ... Read More
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Industry - Country Industry Forecasts - Cyprus
Industry - Country Industry Forecasts - Cyprus Industrial production (manufacturing, extraction and utilities) is forecast to lag economic growth in 2024, increasing by 1.7%, before easing to 1% growth in 2025. ... Read More
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Industry - Country Industry Forecasts - Sweden
Industry - Country Industry Forecasts - Sweden Industrial production (manufacturing, extraction and utilities) is forecast to be broadly in line with economic growth in 2024, remaining level, picking up to 2.1% growth in 2025. ... Read More
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Analysis by Region - Emerging Markets - Ecuador
Analysis by Region - Emerging Markets - Ecuador Industrial production (manufacturing, extraction and utilities) is forecast to outpace economic growth in 2024, increasing by 2.3%, picking up to 2.6% growth in 2025. ... Read More
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Analysis by Region - Emerging Markets - Malaysia
Analysis by Region - Emerging Markets - Malaysia Industrial production (manufacturing, extraction and utilities) is forecast to outpace economic growth in 2024, increasing by 3.5%, picking up to 4.6% growth in 2025. ... Read More
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Industry - Country Industry Forecasts - Slovenia
Industry - Country Industry Forecasts - Slovenia Industrial production (manufacturing, extraction and utilities) is forecast to lag economic growth in 2024, increasing by 2.2%, picking up to 3.7% growth in 2025. ... Read More
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Analysis by Region - Emerging Markets - Turkey
Analysis by Region - Emerging Markets - Turkey Industrial production (manufacturing, extraction and utilities) is forecast to lag economic growth in 2024, increasing by 1.8%, before easing to 1.6% growth in 2025. ... Read More
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Industry - Country Industry Forecasts - Greece
Industry - Country Industry Forecasts - Greece Industrial production (manufacturing, extraction and utilities) is forecast to outpace economic growth in 2024, increasing by 4%, before easing to 3.8% growth in 2025. ... Read More
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Analysis by Region - Latin America - Trinidad and Tobago
Analysis by Region - Latin America - Trinidad and Tobago We expect GDP will grow by 3.0% in 2024 and 2.6% in 2025. Resilience in non-fuel sectors has led to a more optimistic outlook for Trinidad and Tobago's economy. The US economy has also continued to outperform expectations, helping to suppo ... Read More
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Analysis by Region - Europe
Analysis by Region - Europe We have revised our 2024 GDP growth forecast for Kyrgyzstan to 4% y/y, 0.2ppts down from the previous forecast. We expect that growth will drop to 3.2% y/y in 2025, but will then hover around 4% in the medium to long term. ... Read More
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Macro - Country Economic Forecasts - Curacao
Macro - Country Economic Forecasts - Curacao We expect Curaçao's GDP to grow by 1.3% this year, marking a slowdown from a recent post-pandemic rebound. The higher interest rate environment will weigh on private investment in important industries and the slowdown in global growth will hurt t ... Read More
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Analysis by Region - Emerging Markets - Myanmar
Analysis by Region - Emerging Markets - Myanmar We've cut our 2024 GDP growth forecast for Myanmar to 2.2%. This reflects the deteriorating security situation and its spillovers into every corner of the economy. The consumer outlook is still bleak as high inflation continues to weigh on real inc ... Read More