Metros that have lagged others in the pace of the recovery thus far will see the fastest growth in 2022, but the medium-term outlook favours the...
Norway | Slower growth outlook impacted by Russia-Ukraine war
Posted by Rory Fennessy on Apr 4, 2022
The fallout from the Russia-Ukraine conflict and a brief but sharp hit from the Omicron outbreak have prompted us to cut our 2022 mainland GDP growth...
Russia | Market panic has passed, but recession is looming
Posted by Tatiana Orlova on Mar 30, 2022
Russia's GDP is unlikely to return to pre-crisis levels until the early 2030s, according to our modelling. We expect Russia's economy to contract by...
Sweden | Fallout from Russia's invasion of Ukraine to be limited
Posted by Daniel Kral on Mar 22, 2022
We have lowered Sweden's growth for this year to 3.1% from 3.6% previously due to the fallout from Russia's invasion of Ukraine. The main channel...
Eurozone | Markets are at the mercy of war
Posted by Angel Talavera on Mar 18, 2022
The war between Russia and Ukraine continues to dominate headlines and financial markets. The daily news flow coming out of the region is causing...
MENA | Growth prospects remain robust as GCC embraces rate hikes
Posted by Maya Senussi on Mar 17, 2022
The GCC countries have entered a period of higher interest rates - their US$ currency pegs mean regional central banks mirror US Fed hikes. Our...
Europe | Russia's invasion of Ukraine is sending tremors through CEE
Posted by Mateusz Urban on Mar 15, 2022
Russia's invasion of Ukraine is being felt throughout the global economy, but few places are as exposed to its impact as the Central and Eastern...
Global Scenarios: The risk outlook post-invasion
Posted by Oxford Economics on Mar 14, 2022
The global economic outlook has deteriorated in the last quarter.
As a result, we have revised down our baseline forecast for world GDP, particularly...
Global | Climate change and the economic impact of extreme weather
Posted by James Nixon on Mar 14, 2022
From a climate change perspective, 2021 was another remarkable year. While not the warmest year on record, a host of extreme weather events and...
MENA | Commodity price shock is a mixed blessing for MENA
Posted by Maya Senussi on Mar 14, 2022
Russia's invasion of Ukraine and the evolving global response will be felt in the MENA economies mainly via the impact on commodity prices. Fuel...