Articles

On January 31 2024, we hosted a webinar titled 'Autos Key Themes For 2024: Challenges Ahead As The Industry Evolves' where we covered the key themes that we expect to play out in the Autos industry in 2024, as industry players look to balance decarbonisation goals with difficult financial conditions, while also mitigating supply chain and trade

Key View: Over 2024, we hold a positive outlook for consumer spending in Botswana. Controlled prices pressures and real economic growth will provide tailwinds to this outlook, while a tighter labour market will further boost household purchasing power. High frequency data indicates that consumer activity is being buoyed by economic tailwinds

The Latest: The Croatian National Tourist Board has launched a promotional campaign in Germany, Austria, Belgium, the UK and Switzerland to promote early travel bookings in Croatia over 2024 (the campaign was launched in December 2023 and will run until February 2024 ). The marketing initiative will allow Croatia to promote its tourism product

Key View

• We expect growth in Libya will moderate from an estimated 19.5% in 2023 to 9.5% in 2024, in part due to less favourable statistical base effects.
• Robust growth will be sustained by a gradual increase in oil production and exports, with oil sector revenues supporting growth in public spending and investment.
• Risks remain tilted to

Key View

• Economic growth surpassed expectations in 2023 and we think that 2024 will be an even stronger year. We forecast real GDP growth will accelerate from 5.6% in 2023 to 6.2% in 2024.
• Most of the economic momentum will be domestically driven. Continued consumer resilience and a rebound in investment activity will support growth.
• The

Key View

• We have become increasingly upbeat in our outlook for Argentina's crude oil production, as shale oil production outperforms.
• In 2023, crude oil production grew by 8.7% y-o-y, surpassing our forecast of 6.2% y-o-y, primarily due to stronger-than-expected performance in Q423. We observed a shift in the upstream market dynamics in 2023

Key View

• We now expect that Saudi Arabia's current account surplus will remain stable at 5.6% of GDP in 2024, marking a downward revision from our previous forecast of 7.6% of GDP due to lower-than-anticipated oil production and growth in services exports.
• Oil exports will support the surplus due to an increase in energy prices in 2024, while

Key View

• The launch of India's National Single Window System will streamline medical device regulatory processes, benefitting both domestic producers and multinational manufacturers.
• India’s medical devices market will register high single-digit growth over our forecast period, led by other medical devices.
• The market will continue to

The Latest: On January 17 2024, US-based fast-food chain, Popeyes, announced a MXN162.0mn (USD9.0mn) investment into their expansion in Mexico. The investment will add a further 14 stores in the market, complementing the existing 36 outlets in regions such as Mexico City, the State of Mexico, Jalisco, Nuevo Leon, and Queretaro, following the