Category: Service Industries
Service Industries market research reports by Oxford Economics
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Industry - Country Industry Forecasts - United Kingdom
Industry - Country Industry Forecasts - United Kingdom We have revised down our forecast for 2024 industrial production growth to 0.3%. We expect the Monetary Policy Committee will begin to cut interest rates in August of this year as there is evidence of loosening in labour market conditions and we ... Read More
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Industry - Country Industry Forecasts - France
Industry - Country Industry Forecasts - France Our forecast for 2024 industrial production is largely unchanged since our previous update: we now expect growth of 0.5%. This is just under our forecast for GDP growth over the same time, which currently stands at 0.9%. However, the tepid outlook is be ... Read More
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Macro - Weekly Briefings - United Kingdom
Macro - Weekly Briefings - United Kingdom UK private sector regular pay growth continued to soften in April, despite upward pressure from the month's national living wage increase. With labour market conditions continuing to cool, we expect pay growth to weaken further in the coming months, allo ... Read More
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Macro - Weekly Briefings - US
Macro - Weekly Briefings - US The Federal Open Market Committee's updated economic projections point to just one rate cut this year, but those forecasts are already outdated as they don't capture the good news on inflation reported this week. We continue to expect two rate cuts this year, wi ... Read More
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Analysis by Region - Emerging Markets - Kuwait
Analysis by Region - Emerging Markets - Kuwait Industrial production (manufacturing, extraction and utilities) is forecast to lag economic growth in 2024, increasing by 0.3%, picking up to 1.9% growth in 2025. ... Read More
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Industry - Country Industry Forecasts - Czech Republic
Industry - Country Industry Forecasts - Czech Republic Industrial production (manufacturing, extraction and utilities) is forecast to outpace economic growth in 2024, increasing by 1.6%, picking up to 4.3% growth in 2025. ... Read More
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Industry - Country Industry Forecasts - Netherlands
Industry - Country Industry Forecasts - Netherlands Industrial production (manufacturing, extraction and utilities) is forecast to lag economic growth in 2024, falling by 3.1%, picking up to 3.3% growth in 2025. ... Read More
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Industry - Country Industry Forecasts - Denmark
Industry - Country Industry Forecasts - Denmark Industrial production (manufacturing, extraction and utilities) is forecast to outpace economic growth in 2024, increasing by 6.7%, before easing to 6.1% growth in 2025. ... Read More
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Industry - Country Industry Forecasts - Cyprus
Industry - Country Industry Forecasts - Cyprus Industrial production (manufacturing, extraction and utilities) is forecast to lag economic growth in 2024, increasing by 1.7%, before easing to 1% growth in 2025. ... Read More
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Industry - Country Industry Forecasts - Sweden
Industry - Country Industry Forecasts - Sweden Industrial production (manufacturing, extraction and utilities) is forecast to be broadly in line with economic growth in 2024, remaining level, picking up to 2.1% growth in 2025. ... Read More
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Analysis by Region - Emerging Markets - Ecuador
Analysis by Region - Emerging Markets - Ecuador Industrial production (manufacturing, extraction and utilities) is forecast to outpace economic growth in 2024, increasing by 2.3%, picking up to 2.6% growth in 2025. ... Read More
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Analysis by Region - Emerging Markets - Malaysia
Analysis by Region - Emerging Markets - Malaysia Industrial production (manufacturing, extraction and utilities) is forecast to outpace economic growth in 2024, increasing by 3.5%, picking up to 4.6% growth in 2025. ... Read More
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Industry - Country Industry Forecasts - Slovenia
Industry - Country Industry Forecasts - Slovenia Industrial production (manufacturing, extraction and utilities) is forecast to lag economic growth in 2024, increasing by 2.2%, picking up to 3.7% growth in 2025. ... Read More
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Analysis by Region - Emerging Markets - Turkey
Analysis by Region - Emerging Markets - Turkey Industrial production (manufacturing, extraction and utilities) is forecast to lag economic growth in 2024, increasing by 1.8%, before easing to 1.6% growth in 2025. ... Read More
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Industry - Country Industry Forecasts - Greece
Industry - Country Industry Forecasts - Greece Industrial production (manufacturing, extraction and utilities) is forecast to outpace economic growth in 2024, increasing by 4%, before easing to 3.8% growth in 2025. ... Read More
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Analysis by Region - Latin America - Trinidad and Tobago
Analysis by Region - Latin America - Trinidad and Tobago We expect GDP will grow by 3.0% in 2024 and 2.6% in 2025. Resilience in non-fuel sectors has led to a more optimistic outlook for Trinidad and Tobago's economy. The US economy has also continued to outperform expectations, helping to suppo ... Read More
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Analysis by Region - Europe
Analysis by Region - Europe We have revised our 2024 GDP growth forecast for Kyrgyzstan to 4% y/y, 0.2ppts down from the previous forecast. We expect that growth will drop to 3.2% y/y in 2025, but will then hover around 4% in the medium to long term. ... Read More
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Macro - Country Economic Forecasts - Curacao
Macro - Country Economic Forecasts - Curacao We expect Curaçao's GDP to grow by 1.3% this year, marking a slowdown from a recent post-pandemic rebound. The higher interest rate environment will weigh on private investment in important industries and the slowdown in global growth will hurt t ... Read More
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Analysis by Region - Emerging Markets - Myanmar
Analysis by Region - Emerging Markets - Myanmar We've cut our 2024 GDP growth forecast for Myanmar to 2.2%. This reflects the deteriorating security situation and its spillovers into every corner of the economy. The consumer outlook is still bleak as high inflation continues to weigh on real inc ... Read More
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Macro - Country Economic Forecasts - Suriname
Macro - Country Economic Forecasts - Suriname We maintained our 2024 GDP growth forecast for Suriname at 2.1% y/y because ongoing high inflation, anti-austerity protests, and a weaker global economy will likely depress real incomes. We now expect the recent oil discoveries will start to contribute t ... Read More
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Analysis by Region - Emerging Markets - Kosovo
Analysis by Region - Emerging Markets - Kosovo We updated our GDP forecast for 2024, nudging down our forecast by 0.2pts to 3.7%. This reflects our expectation that 2023 saw greater GDP growth than we anticipated, which we now believe came in at 3.7%, 0.3pts higher than we forecast in November. Our ... Read More
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Analysis by Region - Africa
Analysis by Region - Africa Available data indicates that economic momentum slowed in Q1 2024. However, despite a brief dip into contractionary territory in March, the PMI still signals growth in the economy's agricultural, construction, wholesale & retail, industrial, and services sectors o ... Read More
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Analysis by Region - Emerging Markets - Tajikistan
Analysis by Region - Emerging Markets - Tajikistan We've nudged down our 2024 GDP growth forecast for Tajikistan by 0.8ppts to 4.3% y/y, to reflect heightened tensions with Russia following the Moscow Crocus City Hall attack. We've also adjusted our inflation forecast after recent data showe ... Read More
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Macro - Weekly Briefings - US
Macro - Weekly Briefings - US The data released this week signaled the possible start of a course correction for inflation that should keep the Federal Reserve on track to begin rate cuts later this year. The Fed will need to see more than one positive report on inflation before lowering rates, but ... Read More
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Analysis by Region - Emerging Markets - Albania
Analysis by Region - Emerging Markets - Albania We have raised our 2024 GDP growth forecast for Albania by 1.1ppts to 2.9%. The economy has proven resilient to the inflation shock and tighter monetary policy, with a strong finish to 2023 providing a healthy carryover for growth in 2024. Growth will ... Read More
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