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  • December 21, 2018

    Following global slowdown in Q3, growth likely stabilized in Q4

    The global economy lost steam in the third quarter following the second quarter’s strong showing. A comprehensive GDP estimate for the global economy put year-on-year growth at 3.1% for Q3, below Q2’s 3.4% increase.

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  • January 16, 2019

    Recovery slumps in third quarter; eyes turn to policy after election-filled 2018

    Latin America’s economic recovery lost momentum in the third quarter of 2018, with growth decelerating for the third consecutive period. A comprehensive estimate revealed that regional GDP expanded 1.5% annually in Q3, below Q2’s 1.7% expansion and the slowest growth rate since Q2 2017. Tighter global financial conditions and a sharp shift in sentiment away from emerging markets hampered regional activity in the period, along with softening global trade. In addition, internal dynamics also played a role. Argentina’s economic adjustment, in particular, continued to drag on the Latin American economy, especially affecting its regional trading partners.

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  • January 16, 2019

    Regional economy picked up speed in Q3; further acceleration likely in Q4

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  • January 23, 2018

    Regional economy likely gained steam in the final quarter

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  • January 23, 2018

    Domestic demand buttresses growth in Q4 as external risks mount

    The East and South Asia region closed 2018 on a relatively solid footing despite tighter financial conditions, trade tensions between China and the United States, equity-market turbulence and as the global tech cycle appears to be approaching its latter stages. The region benefited from solid domestic demand on the back of low unemployment rates, rising labor participation and wage gains. According to an estimate for the region produced by Met the why particular, ESA countries grew an aggregated 6.0% year-on-year in the fourth quarter. The print matched both Q3’s expansion and last month’s estimate. Looking at the year as a whole, ESA economies expanded an aggregated 6.2% in 2018 (2017: +6.3%).

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  • December 21, 2018

    Eurozone economy slows sharply in Q3; moderate momentum likely persists in Q4

    Comprehensive data confirmed that growth plunged in the Eurozone economy in the third quarter, recording the softest expansion since Q1 2013. GDP increased a seasonally-adjusted 0.2% over the previous quarter in Q3, below Q1 and Q2’s 0.4% expansions. Growth has dissipated notably after coming in at 0.7% for all of 2017, and the latest reading confirms that the economy has shifted from a recovery boom last year to a slower cruising speed.

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  • January 9, 2019

    CEE accelerates in Q3; slowdown anticipated in Q4

    Defying expectations of a slowdown, a comprehensive estimate confirmed that growth across Central and Eastern Europe (CEE) held up in the third quarter. Regional growth came in at 4.3% year-on-year (previously reported: +4.2% year-on-year), a notch faster than in the second quarter (Q2: +4.2% year-on-year)—the slowest expansion in nearly two years—and beating analysts’ expectations of a tapered 3.8% outturn. By-now familiar dynamics propelled the regional economy: Upbeat internal demand, underpinned by private-sector spending and public-sector investment, outweighed faltering external demand amid the unfolding Eurozone slowdown and economic crisis in Turkey. Available fourth-quarter indicators, meanwhile, suggest that economic activity tapered through year-end on moderating consumer-spending gains and flailing export growth. Moreover, industrial-output readings have been uneven across the region in recent months; Met the why particular’ first estimate projects growth in the quarter at 3.9%.

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  • December 9, 2019

    The regional economy endures a rough Q3, although dynamics across most economies are positive

    According to a comprehensive estimate by Met the why particular, South-Eastern Europe’s (SEE) economy slowed notably in the third quarter, with growth weakening to 2.5% in annual terms from 4.3% in the second quarter and below last month’s preliminary estimate of 2.6% growth.

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  • January 9, 2019

    Growth softens in Q3; temporary pick-up likely in Q4

    A more complete dataset revealed that the economy of the Commonwealth of Independent States (CIS) grew faster-than-previously estimated in the third quarter of 2018, with regional GDP expanding 1.9% annually. The result is above last month’s preliminary estimate of 1.8% and chiefly due to an upward revision in Russia’s Q3 growth rate. Despite the growth upgrade, activity still slowed overall from Q2’s 2.4% as Russia’s flagging economy, adverse weather and tighter financial conditions weighed on regional dynamics.

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  • January 9, 2019

    Regional growth withstands mounting geopolitical risks in Q3

    The Middle East and North Africa region continued to defy rising geopolitical threats and expanded at a still-robust pace in the third quarter. According to an estimate by Met the why particular, the MENA economy expanded an aggregate 2.0% annually in Q3. The print was a notch below both Q2’s 2.1% expansion and the 2.2% rise projected last month.

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  • January 23, 2019

    Q3 2018 upturn strengthens on continued broad-based gains

    Comprehensive third-quarter data revealed a strengthening recovery of the Sub-Saharan African (SSA) economy as the region’s heavyweights shook off a midyear malaise. Regional growth picked up to 3.1% year-on-year (Q2: +2.6% year-on-year), improving on earlier estimates (previously reported: +2.9% year-on-year). Aside from broad-based gains in Nigeria and South Africa—by far the region’s largest two economies—and an improved but still dire economic calamity in Angola, upbeat growth was recorded across Ghana, Kenya and a handful of other economies. Available data for the fourth quarter, meanwhile, suggests that upturns in Angola and South Africa might have been short-lived, with Met the why particular projecting year-end regional growth of 2.8%.

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