Category: Mining
Mining market research reports by Oxford Economics
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Analysis by Region - Emerging Markets - Peru
We have cut our GDP growth forecast by 0.3ppts to 2.6%, due to a highly uncertain backdrop amid a potential trade war under Trump’s second term. Even though the direct impact of US tariffs should be relatively small, we consider that secondary effects such as lower global trade and less business con ... Read More
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Analysis by Region - Emerging Markets - Namibia
Namibia's economic growth slowed at the back end of last year because of cuts in diamond production and drought-induced losses in agricultural output. The external outlook has weakened somewhat since our previous forecast due to subdued expectations of global monetary policy easing and uncertain ... Read More
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Macro - Country Economic Forecasts - Latvia
We've cut our 2025 GDP growth forecast for Latvia by 0.4ppts to 2.3%. While we estimate a modest pick-up in activity in the final quarter of 2024 ended the year-long recession, the momentum at the turn of the year was soft. We expect recovery will proceed this year, setting the stage for the abo ... Read More
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Analysis by Region - Asia Pacific - Mongolia
Analysis by Region - Asia Pacific - Mongolia We forecast Mongolia’s GDP to expand by 5.3% y/y in 2024, after growing by 7.1% y/y in 2023. Severe dzud (extreme cold and heavy snow) occurred in earlier this year and associated losses in livestock will hamper household income gains, limiting consumptio ... Read More
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Macro - Country Economic Forecasts - Namibia
Macro - Country Economic Forecasts - Namibia Namibia's economic growth got off to a good start in 2023, recording the second-best Q1 figure since 2015. Thanks to this result, we lifted our 2023 growth forecast slightly. The renewed interest in the country's oil and critical mineral reserves ... Read More
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Macro - Country Economic Forecasts - Latvia
Macro - Country Economic Forecasts - Latvia We have boosted our 2023 GDP growth forecast by 0.6ppts to 0.5% as unexpectedly low winter energy import costs, allowing more resilient domestic demand, has averted the risk of further GDP declines. But industrial output is still set to fall sharply due to ... Read More
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Analysis by Region - Latin America - Peru
Analysis by Region - Latin America - Peru We downgraded our 2022 GDP growth forecast for Peru by 0.5ppt to 2.2% as less expansive fiscal policies and higher interest rates will slow the economy. While GDP grew by a decent 0.9% q/q in Q1, prospects for Q2 were cut to -0.8% q/q due to social unrest in ... Read More
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