Publisher: Oxford Economics Published: Last 3 Years Region: All Regions Global -
Analysis by Region - Emerging Markets - Global EM
November activity data indicated economic activity in Brazil slowed significantly at the end of 2024, reinforcing our below-consensus GDP growth forecast of 1.8% for 2025. Monthly contractions in hard data indicators such as real retail sales, services revenue volumes, and industrial production sugg ... Read More
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Industry - Global Industry Forecasts - Aerospace
Industry - Global Industry Forecasts - Aerospace Global aerospace growth remains positive. We forecast a 2.6% expansion in 2025, off the back of strong growth in 2024. The medium-term forecast will continue to be strong with 3.2% growth in 2026. For 2025 we expect growth to be stable in advanced eco ... Read More
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Industry - Global Industry Forecasts - Chemicals
Industry - Global Industry Forecasts - Chemicals Our global outlook for the sector remains positive as we expect production to expand 2.9% in 2025 and 3.3% in 2026. Gas prices are stabilising and destocking has run its course which is easing pressure off producers. However, we expect trade frictions ... Read More
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Industry - Global Industry Forecasts - Industrial & building materials
Industry - Global Industry Forecasts - Industrial & building materials Emerging markets will expand 3.4% in 2024, driving global growth, whilst advanced economies will contract 0.5% before bouncing back to 1.8% growth in 2025. The recovery will be driven by the lagged impact of easing policy rates a ... Read More
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Industry - Global Industry Forecasts - Engineering and metal goods
Industry - Global Industry Forecasts - Engineering and metal goods Our forecast for global engineering and metal goods output has come down relative to our last forecast update: we now expect global growth of 1.5%, down from 2.2% previously. While our forecast has edged down for advanced economies t ... Read More
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Industry - Global Industry Forecasts - Electronics & Computers
Industry - Global Industry Forecasts - Electronics & Computers Our outlook for global electronics production is broadly unchanged from last quarter in both 2024 and 2025. On a country basis, growth in 2024 has been revised up in the US, South Korea and Taiwan and slightly in Japan, offset by downwar ... Read More
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Industry - Global Industry Forecasts - Aerospace
Industry - Global Industry Forecasts - Aerospace Global aerospace growth remains positive. We forecast a 6.9% expansion in 2024 falling from an impressive 13.1% in 2023. We expect growth in 2024 to be higher in emerging markets than advanced economies, particularly the very impressive double-digit g ... Read More
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Industry - Global Industry Forecasts - Chemicals
Industry - Global Industry Forecasts - Chemicals While energy prices have fallen sharply, we do not expect sectoral production to pick up meaningfully until H2 2024. Even with interest rates likely to fall over the next few months, we expect higher interest rates from previous periods to dampen grow ... Read More
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