Eurozone consumer spending was poised to drive growth in 2022, but increasingly consumers' underpinnings have become shaky. While we still expect a...
US Metros Outlook | Spending profiles will continue to evolve across US metros
Posted by Aedan McCotter on Mar 1, 2022
US consumer fundamentals remain strong despite some near-term headwinds, and we expect private consumption to be a key driver of growth over the...
Denmark | High inflation becomes main downside risk to our 2022 outlook
Posted by Rory Fennessy on Feb 18, 2022
GDP surprised to the upside in Q4 2021 with 1.1% q/q growth, according to the flash estimate. The positive carryover effect has raised our 2022 GDP...
Finland | 2022 GDP growth forecast unchanged at 2.3% as activity remains solid
Posted by Daniel Kral on Feb 17, 2022
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,...
Beer's global economic footprint
Posted by Economic Impact on Feb 16, 2022
Commissioned by the Worldwide Brewing Alliance, this first-of-its-kind study investigates the beer sector’s footprint across 70 countries, which...
United Kingdom | The squeeze on household finances intensifies
Posted by Andrew Goodwin on Feb 4, 2022
This week brought a double whammy of bad news for UK consumers. The energy price cap will rise by 54% in April, with the Chancellor offering an...
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...
United Kingdom | Fiscal space increases odds of some cost of living relief
Posted by Andrew Goodwin on Jan 31, 2022
The lifting of Covid restrictions on January 27 adds to hopes that the worst of the pandemic is in the past and should boost consumer sentiment. But...
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...
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...