Category: Business Services & Administration
Business Services & Administration market research reports by Oxford Economics
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Macro - Country Economic Forecasts - Virgin Islands (UK)
Macro - Country Economic Forecasts - Virgin Islands (UK) We forecast the British Virgin Islands' economy will grow by 1.2% in 2024 and 1.6% in 2025. We've revised up our 2025 GDP forecast to reflect stronger-than-anticipated growth in the tourism sector, partly driven by the robust US econom ... Read More
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Analysis by Region - Emerging Markets - Nicaragua
Analysis by Region - Emerging Markets - Nicaragua We’ve raised our GDP growth forecast for Nicaragua by 0.8 ppts to 3.2% for this year, but we’ve cut our 2025 projection by 0.6 ppts to 1.6%. We expect that private consumption and investment will drive the economic slowdown next year amid slowing dow ... Read More
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Analysis by Region - Emerging Markets - Equatorial Guinea
Analysis by Region - Emerging Markets - Equatorial Guinea The hydrocarbon sector continues its multi-year slide: oil output in Equatorial Guinea dropped to 58,600 barrels per day (bpd) in 2023 from 77,000 bpd in 2022. This is a far cry from the 256,000 bpd recorded in 2012 and well below the long-te ... Read More
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Analysis by Region - Asia Pacific - Pakistan
Analysis by Region - Asia Pacific - Pakistan We lifted our 2024 GDP growth forecast for Pakistan slightly this year, reflecting a stronger Q1 historical estimate. Agricultural-sector prospects are promising, and there is room for recovery in the industry and services subsectors. ... Read More
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Analysis by Region - Emerging Markets - Dominican Republic
Analysis by Region - Emerging Markets - Dominican Republic We’ve raised our GDP growth forecasts for the Dominican Republic to 4.9% from 4.6% for this year and to 5.0% from 4.9% for 2025. We believe that most of the factors driving the recovery this year will continue to contribute to growth next ye ... Read More
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Analysis by Region - Emerging Markets - Jamaica
Analysis by Region - Emerging Markets - Jamaica We've revised down our 2024 GDP growth forecast for Jamaica slightly to 2.0% from 2.1% but we maintain our forecast of 2.1% growth for 2025. We think the slowdown in domestic consumption and external demand, and the only modest recovery in investme ... Read More
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Analysis by Region - Emerging Markets - El Salvador
Analysis by Region - Emerging Markets - El Salvador We’ve cut our 2025 GDP growth forecast for El Salvador by 0.1 ppt to 1.9%. President Bukele's plan to reduce expenditures through layoffs and decreased transfers will weigh on household expenditures and government consumption next year. Althoug ... Read More
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Analysis by Region - Africa
Analysis by Region - Africa Ethiopia has made rapid progress on policy reforms over the past three months. Adopting a market-determined FX regime and loosening restrictions on the current account unlocked a four-year Extended Credit Facility (ECF) on July 29. Authorities accessed a second-tranche di ... Read More
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Macro - Weekly Briefings - US
Macro - Weekly Briefings - US Polls have shifted in favor of Republicans in recent days. Former President Donald Trump is leading in just enough battleground states to win the Electoral College. Key Senate races where Democrats are defending their seats have tightened, and House Democrats are no lon ... Read More
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Macro - Country Economic Forecasts - Serbia
Macro - Country Economic Forecasts - Serbia We raised our GDP forecast for 2024 by 0.6ppts to 4.1% in 2024 and left 2025 unchanged at 4%. Better-than-expected GDP data outturns led us to revise our forecast for this year. In 2025, a more favourable carryover effect will offset the slightly softer qu ... Read More
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Macro - Country Economic Forecasts - Iceland
Macro - Country Economic Forecasts - Iceland We forecast Iceland's economy will expand by 2.8% in 2025, accelerating from 0.9% this year. Prospects have improved due to a better demographic outlook. We expect more stubborn inflation, averaging 3.9% next year and 6.0% in 2024, due to its stickine ... Read More
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Macro - Weekly Briefings - US
Macro - Weekly Briefings - US Long-term interest rates trended higher over the past several weeks but the increase doesn't pose a significant downside risk to our forecast. Some of the increase is attributed to the bond market betting on former President Donald Trump winning the election, sugges ... Read More
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Analysis by Region - Emerging Markets - Central African Republic
Analysis by Region - Emerging Markets - Central African Republic The Central African Republic (CAR) remains entrenched in a complex web of conflict, regulatory uncertainty, and fuel shortages. Yet, despite all the difficulties, the economy is holding on thanks to a surge in gold prices, a rebound in ... Read More
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Analysis by Region - Emerging Markets - Cape Verde
Analysis by Region - Emerging Markets - Cape Verde Annual economic growth averaged 9.7% y/y in the first half of 2024, with strong performances in the transport (23.3% y/y) and accommodation and food service (37.9% y/y) sectors. However, due to the high base, growth is expected to slow in the year&# ... Read More
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Analysis by Region - Emerging Markets - Congo Republic
Analysis by Region - Emerging Markets - Congo Republic Congo's average oil production declined to 259,000 bpd in the first nine months of the year from 275,300 bpd in the same period in 2023. We now project a sharper 4.0% reduction in Congo's average oil output for 2024 (-3.1% estimated prev ... Read More
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Macro - Country Economic Forecasts - Greece
Macro - Country Economic Forecasts - Greece In its regular data revision process, ELSTAT revised up both nominal and real GDP for Greece. As a result, nominal GDP data for 2023 is now 2.3% higher than the previous estimate. We'll incorporate the new data into our forecast as soon as the quarterl ... Read More
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Macro - Country Economic Forecasts - Austria
Macro - Country Economic Forecasts - Austria Economic activity in Austria remained weaker than we anticipated in recent months and heavy floods in September presented an additional drag. Consequently, we now expect flat quarterly growth for Q3. But risks are skewed to the downside as industrial prod ... Read More
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Analysis by Region - Emerging Markets - Togo
Analysis by Region - Emerging Markets - Togo Following real GDP growth of 6.4% last year, we forecast economic growth to average 4.7% p.a. over the 2024-2025 period. Factors that will support economic activity over this time frame include structural reforms, key investments in the industrial sector, ... Read More
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Analysis by Region - Emerging Markets - Burkina Faso
Analysis by Region - Emerging Markets - Burkina Faso Burkina Faso’s fragile security situation has been compounded by persistent challenges, especially related to poor weather conditions and policy uncertainty in the mining sector. However, the surge in gold prices throughout 2024 has provided a sil ... Read More
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Analysis by Region - Emerging Markets - Benin
Analysis by Region - Emerging Markets - Benin Benin’s economy rebounded strongly from the effects of the Covid-19 pandemic, expanding by 6.6% p.a. over the 2021-2023 period. This impressive performance is set to persist, and we forecast average annual growth of 6.2% for 2024 and 2025. Robust investm ... Read More
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Macro - Weekly Briefings - US
Macro - Weekly Briefings - US The September data on consumer and producer prices were mixed, but it doesn't alter our near-term forecast for the Federal Reserve to cut interest rates by 25bps at each of its two remaining meetings this year. ... Read More
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Analysis by Region - Emerging Markets - Gambia
Analysis by Region - Emerging Markets - Gambia Official GDP figures show that the Gambian economy exceeded expectations last year. Indications are that this year will be no different. The economy grew by 5.3% in 2023, supported by sound performances in the agricultural, telecommunications, and const ... Read More
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Analysis by Region - Emerging Markets - Seychelles
Analysis by Region - Emerging Markets - Seychelles We forecast real GDP growth of 3.1% in 2024 as investments in the information technology sector boost economic activity. While tourism revenue prospects for the short term are improving, tourist arrivals still fall short of pre-pandemic levels. Incr ... Read More
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Macro - Country Economic Forecasts - Iraq
Macro - Country Economic Forecasts - Iraq We've raised our 2024 GDP growth forecast for Iraq by 0.6ppts to 2.5%. We mainly attribute our upward revision to the overproduction of oil since January, supported by expansionary fiscal policy. But we've lowered our forecast for 2025 to 2.8% from 3 ... Read More
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Macro - Country Economic Forecasts - Jordan
Macro - Country Economic Forecasts - Jordan We've revised our 2024 GDP growth forecast for Jordan to 1.6% down from 2.6% in 2023, underpinned by the ongoing regional conflict. Data for Q1 2024 shows a continued contraction in GDP for the second consecutive quarter on quarterly terms. ... Read More
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