Services

NEWS FLASH

UPCOMING WEBINAR - AND NOW FOR SOMETHING COMPLETELY DIFFERENT: BRAZIL...

Learn More

COUNTRY INSIGHTS

Power Game Affecting Recovery
PERU · Report · 01 Aug 2017

One might have thought that two parties with similar market-friendly views could work harmoniously, and create a fertile environment for reforms to facilitate an eventual government for Keiko Fujimori in the 2021 elections. Instead, this has been a year of acrimonious actions and accusations, and...

Weak Investment May Pressure Growth
CHINA · Forecast · 01 Aug 2017

GDP growth continues flat, its 6.9% y/y rise in H1 up only 0.1 pps from Q4 2016. Industrial output was up 6.9% y/y, climbing by 0.8 pps, and fixed asset investment was up 8.6%. But in real terms, fixed asset investment growth was just 3.8% y/y, down 5 pps from last year. We expect H2 growth to ex...

Forint is reaching its short-term ceiling vis-a-vis the euro in terms of fundamentals
HUNGARY · In Brief · 01 Aug 2017

What we predicted in our latest reports, that the MNB was going to allow (or even support) the strong forint against the euro in short term - on the back of an ongoing upswing in European industry and with a view to containing domestic inflation - has in fact happened since then. It has gone quit...

Growth is Strong but Uneven; Reforms are Unlikely
PANAMA · Report · 31 Jul 2017

Our medium-term projections of 5.2%-5.4% growth are based on the projected growth of logistics activities linked to the Panama Canal (new transshipment ports, processing plants and roll-on roll-off facilities), on the development of high-income tourist facilities, and on the expansion of the ener...

Week of July 31
BRAZIL POLITICS · Report · 31 Jul 2017

Congress resumes its activities on Tuesday, August 1, along with the Superior Courts. The main item on the agenda this week is the vote on the accusation against President Michel Temer in the Lower House. The government and the opposition are each designing strategies for the vote. This Week’s...

Monetary Policy
BRAZIL ECONOMICS · Report · 31 Jul 2017

Last week the Central Bank cut the interest rate by 1 percentage point, to 9.25%. Its communiqué made it clear that there is still room for a significant further reduction of the SELIC rate, without jeopardizing the inflation target for 2018. Our projection is that the interest rate will fall to ...

Economic Monthly report
MEXICO · Report · 31 Jul 2017

The economic data released in July produced further evidence of continuing growth in key parts of the Mexican economy. Spending sustained its expansion in April as Mexico’s index of private consumption rose an annual 5.0% according to seasonally adjusted data: imported goods acted as the main dri...

Till Reality Do Us Part
TURKEY · Report · 30 Jul 2017

In politics, we continue to predict relative calm at home through the end of this year, at the turn of which AKP should realize that its popularity is waning. Facing weakening economic growth as well, it is likely to call early elections by mid-2018 rather than wait until November 2019 -- and ris...

A SHAKY BUDGET
ECUADOR · In Brief · 29 Jul 2017

President Moreno referred to the status of the Ecuadorian economy as "critical" last Friday night when he presented a preliminary version of the Non-Financial Sector Budget for 2017. The assembly will be rest for two weeks and will review the budget after this period. According to the law, the Mi...

Maduro won’t back off on ANC
VENEZUELA · Report · 29 Jul 2017

The National Constituent Assembly (ANC) elections that Maduro convened illegally to govern without separation of powers or constitutional guarantees are scheduled for July 30. Despite intense pressure at home and abroad and frenzied mediation by José Luis Rodríguez Zapatero in Caracas, Maduro ...

Politics: Fragile Presidential Nomination Process
MEXICO · Report · 28 Jul 2017

Most major parties are facing a tough, uphill battle to come up with a winning presidential candidate at a time when a growing slice of the electorate is fed up with parties, and such voters are more inclined to cast their ballots for the candidates who appear to have the most appealing personali...

Infrastructure Drive
INDONESIA · Report · 28 Jul 2017

The Indonesian economy has been relatively sanguine through the end of the second quarter. Kohlberg Kravis and Roberts, a large private equity fund, made a bullish report on the Indonesian economy based on their recent visit to the country. The strong endorsement by the firm promoted further favo...

Cost Rica: Staring Down Tough Times
CENTRAL AMERICA · Report · 27 Jul 2017

The Costa Rican economy will keep adjusting over the next 18 months. The strategy of low interest rates and relative currency stability followed in 2015-2016 started to break down in H1 2017, as shown by the events in Q2, when the Central Bank raised its monetary policy rate five times, from 1.7...

MPC: Still On Hold, As Expected
TURKEY · Report · 27 Jul 2017

The Monetary Policy Committee (MPC), as expected, did not alter any of the short-term interest rates at today’s meeting, leaving the Late Liquidity Window rate at 12.25%, the one-week repo rate at 8.0%, and the O/N lending/borrowing rates at 9.25% and 7.25%, respectively (Graph 1).

The medium term: More questions than answers
COLOMBIA · Forecast · 27 Jul 2017

Several signs indicate that the Colombian economy is still not recovering. In employment indicators, retail trade, manufacturing and construction, things do not look very promising. Most retail sub-sectors are either falling, or performing very poorly. So the slowdown drags on, with no recovery ...

Copyright 2025 GlobalSource Partners. All rights reserved.