Category: Business Services & Administration
Business Services & Administration market research reports by Oxford Economics
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Analysis by Region - Asia Pacific
Analysis by Region - Asia Pacific We expect domestic demand to be a key driver of economic growth over 2022-2023 as activities normalise and labour market conditions improve following the end of most coronavirus pandemic-related restrictions. That said, Russia's invasion of Ukraine has created n ... Read More
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Macro - Weekly Briefings - US
Macro - Weekly Briefings - US In their public remarks since last month's FOMC meeting, Fed officials have only become more hawkish. We now look for the Fed to accelerate the pace of rate hikes and to raise the federal funds rate by 50bps each in May and June. We expect a cumulative rate hike of 200b ... Read More
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Macro - Weekly Briefings - Eurozone
Macro - Weekly Briefings - Eurozone Survey data this week offer a glimpse into the European economy's post-invasion reality. The Economic Sentiment Index (ESI) reading for the eurozone fell to a 12-month low, driven by dips in consumer confidence and industrial sector sentiment. Moreover, the fi ... Read More
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Industry - Country Industry Forecasts - China
Industry - Country Industry Forecasts - China China’s GDP growth is forecast ease to 4.9% in 2022 but pick up to 5.4% in 2023. To achieve this gain, we expect meaningful and front-loaded policy support from the government, which has emphasized tax cuts and unemployment benefits and has sped up the a ... Read More
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Analysis by Region - MENA
Analysis by Region - MENA We have raised our estimate of 2021 GDP growth for Jordan to 2.0% up from 1.8% previously due to stronger-than-expected growth continuing into Q3. But our forecast for 2022 has been cut to 1.9% from 2.4% as surging oil prices and higher inflation will weigh on domestic dema ... Read More
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Industry - Country Industry Forecasts - United Kingdom
Industry - Country Industry Forecasts - United Kingdom Industrial production had been increasing slowly but steadily since last October thanks to easing supply chain pressures, but remains about 2% below pre-pandemic levels. ... Read More
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Macro - Country Economic Forecasts - Poland
Macro - Country Economic Forecasts - Poland We have cut our near-term GDP growth forecast for Poland as Russia's invasion of Ukraine has hit trade through sanctions and investment sentiment via elevated uncertainty. In addition, higher energy commodity prices will keep inflation elevated for lon ... Read More
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Analysis by Region - Africa - Egypt
Analysis by Region - Africa - Egypt The Russia-Ukraine war threatens the Egyptian economy through food shortages and soaring commodity prices. Rising global prices for essential goods such as fuel and food will filter through to consumer price inflation. Furthermore, an exodus of dollars amid shifti ... Read More
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Industry - Country Industry Forecasts - Japan
Industry - Country Industry Forecasts - Japan The forecast for Japan’s GDP growth of 2.8% in 2022 has been lowered recently, due to higher-than-expected energy costs and inflation, and their impact early in the year on consumption and exports. However, we expect consumption will regain momentum in Q ... Read More
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Macro - Country Economic Forecasts - Hungary
Macro - Country Economic Forecasts - Hungary We have cut our near-term GDP growth forecast for Hungary, given the economic fallout from the Russian invasion of Ukraine that will hamper the post-pandemic recovery. Notably, inflation will stay higher for longer, weighing on consumption, a major growth ... Read More
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Industry - Country Industry Forecasts - Germany
Industry - Country Industry Forecasts - Germany German industry was on a strongly expansionary path through January amid a rebound in automotive production as supply bottlenecks were steadily easing. But it will be among the hardest hit European economies with respect to the rise in energy prices an ... Read More
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Macro - Country Economic Forecasts - Jordan
Macro - Country Economic Forecasts - Jordan The UAE's non-oil PMI rose to 54.8 in February from 54.1 in January on the back of a strong recovery in travel and tourism and market demand as fears of the Omicron variant faded. In February, Dubai alone welcomed 1.2m visitors, in comparison to just o ... Read More
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Macro - Country Economic Forecasts - Norway
Macro - Country Economic Forecasts - Norway The fallout from the Russia-Ukraine conflict and a brief but sharp hit from the Omicron outbreak have prompted us to cut our 2022 mainland GDP growth forecast by 0.7ppts to 3.6%. While government subsidies for household electricity bills are containing ene ... Read More
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Macro - Country Economic Forecasts - Singapore
Macro - Country Economic Forecasts - Singapore We have further lowered our 2023 GDP growth forecast for Singapore by 0.2ppts to 2.3% from our previous baseline to reflect the weaker global growth outlook given the greater-than-anticipated scale of formal and informal international sanctions on Russi ... Read More
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Analysis by Region - Asia Pacific - Japan
Analysis by Region - Asia Pacific - Japan We have lowered our 2022 GDP growth forecast to 2.5% from 2.8% to reflect the upward revision to our energy price forecasts after Russia's invasion of Ukraine. Headline CPI is now projected to average 1.6% in 2022, up from 1.3% previously. With few signs ... Read More
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Macro - Country Economic Forecasts - Czech Republic
Macro - Country Economic Forecasts - Czech Republic We have cut our 2022 growth forecast sharply by 1.2pp to 1.9% following Russia's invasion of Ukraine. Higher inflation due to soaring commodity prices is the main cuplrit, but supply chains, the exchange rate and trade will all be negatively af ... Read More
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Analysis by Region - Latin America - Brazil
Analysis by Region - Latin America - Brazil Brazil's economy recovered at a faster pace than we had expected in Q4 2021, putting it in a strong position to benefit from the added boost to terms of trade coming from the surge in commodity prices since the war in Ukraine started. As a result, we h ... Read More
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Macro - Country Economic Forecasts - China
Macro - Country Economic Forecasts - China After a better-than-expected start to the year, recent Omicron outbreaks will undermine China's economic recovery, in addition to the ongoing real estate downturn. While China's economy will be less impacted by the Russia-Ukraine war than Europe and ... Read More
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Macro - Country Economic Forecasts - Philippines
Macro - Country Economic Forecasts - Philippines We have raised our Q1 GDP growth forecast for the Philippines as restrictions imposed during the Omicron wave in January proved to be of shorter duration than expected and mobility has picked up sharply. That said, headwinds are mounting as a result o ... Read More
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Macro - Country Economic Forecasts - Ireland
Macro - Country Economic Forecasts - Ireland A 5.4% q/q fall in Irish GDP in Q4 2021 was surprisingly weak. But the drop was driven by a surge in intellectual property imports by multinationals, exaggerating the underlying weakness. A spike in Q4 imports is likely to reverse, causing GDP growth to r ... Read More
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Macro - Country Economic Forecasts - Netherlands
Macro - Country Economic Forecasts - Netherlands We expect Russia's invasion of Ukraine to mean energy prices will stay higher for longer, pushing up Dutch inflation further and weakening growth. We have raised our inflation forecast to 5.7% for this year (from 5.1% last month) and 1.1% in 2023. ... Read More
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Analysis by Region - Emerging Markets - Croatia
Analysis by Region - Emerging Markets - Croatia Croatia's economy bounced back briskly from the pandemic in 2021 despite ending the year with a slight GDP contraction. Looking ahead to this year, though, we expect growth to slow considerably from 10% in 2021 to 2.6% in 2022, down from our previo ... Read More
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Analysis by Region - Europe
Analysis by Region - Europe Ukraine's economy has likely contracted by about 40%-45% in the one month since Russia's invasion compared to pre-crisis levels. Our forecast for the rest of the year depends crucially on how long the fighting will last. Judging by Russia’s stalled offensive, we b ... Read More
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Analysis by Region - Africa - South Africa
Analysis by Region - Africa - South Africa South Africa's real GDP growth of 1.2% q-o-q in Q4 was lower than the consensus forecast of 1.3% q-o-q, and higher than our expectation of a 1.1% q-o-q expansion. The latest increase means that annual real GDP rose by 4.9% in 2021 following a contractio ... Read More
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Analysis by Region - Emerging Markets - Ghana
Analysis by Region - Emerging Markets - Ghana Ghana's post-pandemic economic activity steadily gathered impetus last year with annual real GDP growth accelerating as the year progressed. Consequently, we estimate that real economic growth reached 4.6% in 2021. The country's prospects for 202 ... Read More