economic forecast News

Italy Slashes 2025 Growth Forecast to 0.6% Amid Rising US Tariffs Tensions

Italy is preparing to halve its 2025 growth forecast to 0.6% due to tensions over US tariffs, with Prime Minister Meloni set to discuss the issue with President Trump. The Bank of ...

S&P Global Adjusts India's Economic Outlook: Growth Forecast Lowered to 6.5% Amid Global Challenges

S&P Global has revised India's GDP growth forecast for 2025-26 down to 6.5%, citing global economic challenges. The agency notes the impact of rising US tariffs and anti-globalizat...

Switzerland's Economic Outlook: Slight Downturn in GDP Growth Forecast for 2025 and 2026

Switzerland's GDP growth forecast for 2025 and 2026 has been slightly revised downwards by SECO, indicating a continued growth below the historical average. Domestic demand remains...

Switzerland Adjusts GDP Growth Forecast: A Closer Look at Economic Trends

Switzerland's State Secretariat for Economic Affairs (SECO) has slightly lowered the GDP growth forecast for 2025 and 2026, citing below-average growth and stable domestic demand a...

Germany's Economic Growth Forecast Slashed to 0.2% by Ifo Institute

The Ifo Institute has revised Germany's 2025 GDP growth forecast down to 0.2%, citing a deep recession in construction and manufacturing, while public services expand. Unemployment...

South Korea's Economic Growth Forecast Remains Steady at 0.2% for Q1 Amid Challenges

The Bank of Korea forecasts a 0.2% growth in South Korea's real GDP for Q1, amidst economic challenges and government efforts to stimulate demand. Insights into recent data and fut...

South Korea's GDP Growth Forecast for 2025 Adjusted Downward Amid Political Uncertainties

The Bank of Korea has revised its 2025 GDP growth forecast downward to 1.6-1.7%, citing political uncertainty and government budget cuts as key factors. Efforts to stabilize econom...

OPEC Optimistic: Global GDP Growth to Hit 3.1% by 2025 Amid Economic Shifts

OPEC forecasts global GDP growth to reach 3.1% by 2025, with significant contributions from the US, India, and China. Economic expansion is contingent on falling inflation and caut...

Japan Slashes 2024 GDP Growth Forecast to 0.4% Amid Industry Scandals and Export Decline

Japan's Cabinet Office has revised its 2024 GDP growth forecast down to 0.4% due to an automotive industry scandal and a decline in exports, while keeping the 2025 growth estimate ...

ADB Cuts India's GDP Growth Forecast: What's Behind the Downgrade?

The ADB has lowered India's GDP growth forecast to 6.5% from 7% due to slower-than-expected second quarter growth, affected by manufacturing slowdown and lagging government spendin...

South Korea's 2025 GDP Growth Forecast Revised Down to 2.1% by OECD

The OECD has revised its forecast for South Korea's GDP growth in 2025 to 2.1%, down from 2.2%. This projection surpasses forecasts from the IMF, KDI, and the Bank of Korea, and is...