The most influential Megatrends set to shape the world through 2030, identified by Euromonitor International, help businesses better anticipate market developments and lead change for their industries.
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Learn moreMay 2016
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So far so good – no return to global recession has happened yet, but the newest indicators for the global economy signal a weakening, and the business mood is worsening. In this context, we have revised the world GDP growth forecast down to 3.0% for 2016 and 3.2% for 2017. In our view, the risks are downside this year. The world’s stock markets have rebounded from the sharp drops of early 2016, but financial stability has decreased and risk-aversion is rising.
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Gain competitive intelligence about market leaders. Track key industry trends, opportunities and threats. Inform your marketing, brand, strategy and market development, sales and supply functions.
We have revised our US GDP growth forecasts downwards to 2% in 2016 and 2.2% in 2017.
The stock market has recovered from the declines of January and February, but growth in the 1st half of the year will remain below trend.
We have downgraded Eurozone GDP growth forecasts to 1.4% in 2016 and 1.6% in 2017.
Financial markets uncertainty has increased, demand from emerging markets has declined further and sentiment indicators have worsened.
UK Weaker than expected end of the year in UK led to a downward forecast revision to 1.9% GDP growth in 2016.
Investment growth is likely to be slowing down due to the uncertainty around the upcoming Brexit vote.
Japan's economy is recovering very slowly despite government stimulus measures.
The negative sentiment has recently been fuelled by a series of earthquakes, forcing manufacturers to shut down operations. We forecast 0.6% GDP growth in 2016.
China's economy is still on track to grow by 6.5% in 2016 and 6% in 2017, based on official GDP numbers. The government has relaxed its budget deficit target to 3%, providing room for some fiscal stimulus.
Brazil's outlook for 2016 was revised further down to 3.8% decline. Even the upcoming Olympics bring little hope, overshadowed by corruption scandals, political woes and loss of investor confidence.
We expect a significant slowdown in the slump of Russian economy compared with 2015. GDP is projected to fall by 1.7% in 2016 followed by a close to zero recovery in 2017.
India finished the year 2015 with still solid 7.3 percent growth in Q4. The outlook for 2016 remains strong 7.5 % growth, backed by private consumption growth supported by measures planned in Union budget 2016.
Gain competitive intelligence about market leaders. Track key industry trends, opportunities and threats. Inform your marketing, brand, strategy and market development, sales and supply functions.