Our forecast for Finland’s GDP growth is 2.3% this year and 1.5% in 2023, both unchanged from last month. The economy grew 0.7% q/q in Q4 2021,...
United Kingdom | Population decline needn’t mean sub-par CRE returns
Posted by Mark Unsworth on Feb 7, 2022
Our population projections for the UK now show it declining from the late 2030s, which will impact demand for real estate. As a result, we have...
Middle Eastern Cities: The long-term outlook
Posted by George Bowen on Jan 31, 2022
In 2021, there were 16 Urban Economic Powerhouses in the world (cities with GDP greater than $500bn), but none were located in the Middle East. By...
Global | Key Themes for Cities in 2022
Posted by Richard Holt on Jan 24, 2022
Against a helpful macroeconomic background, albeit with risks, city economies will continue to recover in 2022. GDP growth will mostly be slower than...
Denmark | Successful virus containment strategy means Omicron will not derail growth in 2022
Posted by Rory Fennessy on Jan 19, 2022
We’ve lowered our 2022 Danish GDP forecast 0.1ppt to 3%, with the Omicron variant expected to slow activity in Q1. But the economy should make up the...
Sweden | 2022 GDP growth forecast remains as expected despite Omicron
Posted by Daniel Kral on Jan 18, 2022
We have kept our growth forecast for this year unchanged at 3.2%, as we expect the impact of the Omicron wave to be mild. The latest data on...
Eurozone | Industry offering some hope for a better year ahead
Posted by Nicola Nobile on Jan 17, 2022
Strong industrial production numbers for November offer some hope that the worst is over, supporting our view of a gradual resolution of supply-side...
Finland | Omicron wave is expected to have a mild impact on the economy
Posted by Daniel Kral on Jan 15, 2022
Our forecast for Finland’s GDP growth is 2.3% this year and 1.5% in 2023, both unchanged from last month. Despite a recent surge in Covid cases...
Eurozone | Solid pay rebound won’t trigger a wage-price spiral
Posted by Katharina Koenz on Jan 13, 2022
We expect the solid recovery of the labour market and the lagged impact from the 2021 inflation surge to trigger a sharp pick-up in wage growth in...
US | Recovery Tracker slips as Covid surges and holidays near
Posted by Oren Klachkin on Jan 10, 2022
The US Recovery Tracker recorded its second straight loss in the week ended Dec. 24, down 0.3ppts to 97.7. Typical weakness ahead of the holiday...