Category: General Product Consumption
General Product Consumption market research reports by Oxford Economics
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Analysis by Region - Asia Pacific
Analysis by Region - Asia Pacific Australian Q1 GDP growth was in line with our expectations at 0.8% q/q, taking the y/y pace of expansion to 3.3%. Household spending contributed strongly to growth, but investment activity was subdued in the quarter, with construction impacted by labo ... Read More
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Country Economic Forecasts - Egypt
Country Economic Forecasts - Egypt Preliminary figures show that real GDP jumped by 4.5% q-o-q in Q3 2021 (+9.8% y-o-y – the highest annual growth rate recorded in the series’ history). We expect the bounce back was supported by a return of Russian tourists following the nation’s decision to lift a ... Read More
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Country Economic Forecasts - Japan
Country Economic Forecasts - Japan We have lowered our Q1 GDP growth forecast to 0.1% from 0.3% to reflect a dip in consumption and exports during this period. We have also raised our average CPI forecast for 2022 from 0.6% to 1.3% due to a shift in our oil price forecast. Although we expect the rec ... Read More
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Country Economic Forecasts - Romania
Country Economic Forecasts - Romania The flash estimate indicates that Q4 2021 GDP contracted by 0.5% q/q, a weaker-than-expected result driven by a poor performance in retail sales following the outbreak of the Omicron coronavirus variant. However, Covid cases have begun to fall in February, and th ... Read More
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Country Economic Forecasts - Australia
Country Economic Forecasts - Australia The recent run of data has surprised to the upside, suggesting that the Australian economy ended 2021 on a stronger footing than we had anticipated. Moreover, Covid cases peaked in mid-January, meaning the impact from the Omicron wave will be milder than was as ... Read More
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Country Economic Forecasts - Mexico
Country Economic Forecasts - Mexico The Mexican economy ended 2021 with a mild technical recession as preliminary GDP data show a 0.1% q/q contraction in Q4. INEGI did not provide complete series but pointed to a 5% GDP rebound for the full year, below our 5.2% 2021 growth estimate, suggesting a pen ... Read More
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Country Economic Forecasts - Germany
Country Economic Forecasts - Germany We have lowered our 2022 GDP growth forecast to 3.5% from 3.9% seen last month. GDP fell by a slightly larger than expected 0.7% q/q in Q4 last year as the latest infection wave took its toll and, although high-frequency and survey data for January was fairly enc ... Read More
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Country Economic Forecasts - United States
Country Economic Forecasts - United States The spread of the Omicron variant and year-end slump in consumer spending put a chill on the US economy in Q1, with our new baseline seeing GDP essentially flat on the quarter. But as the Omicron wave recedes, we foresee a spring rebound led by buoyant dema ... Read More
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Country Economic Forecasts - South Africa
Country Economic Forecasts - South Africa Private sector investment has benefited from low borrowing costs, which has contributed to the economic recovery in 2021. Our estimates show that GDP likely rose by 1.1% q-o-q during the final quarter of 2021, translating into an aggregate growth rate of 4.7 ... Read More
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Country Economic Forecasts - Eurozone
Country Economic Forecasts - Eurozone We now see the eurozone growing by 3.9% in 2022, down marginally from our forecast last month, after expected expansion of 5.1% in 2021. The latest surge in Covid infections has led us to lower our forecast for Q1. But as we assume that the health situation will ... Read More