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We expect economic growth to remain modest in 2025, although we don’t think a substantial slowdown is on the way either.

Deflationary risks are the biggest concern for Chinese economy in 2025.

Tokyo city skyscape

A secular labour shortage will continue to raise wages and inflation in a sustainable and irreversible manner in Japan.

Nordics flags

We expect growth will pick up in 2025 in Sweden, Norway and Finland, with Denmark as the exception, where we believe growth will slow but remain above potential.

Real estate data and forecast

Oxford Economics is delighted to announce a significant product enhancement to its Real Estate Economics Service and Global Economic Model, with the addition of MSCI historic real estate index data.  

Our latest global industry forecasts reflect the impact of a second Trump presidency on industrial sectors. The US industrial forecast is now upgraded over the next two years, reflecting the impact of corporate tax cuts, with capital goods sectors expected to benefit most.

Discover the journey of Adrian Cooper, CEO of Oxford Economics, in shaping the firm into a global leader, along with his insights and vision for the future in an exclusive interview.

AI technology

Productivity gains from the use of Generative AI (GenAI) and other similar technological advancements are set to boost medium-term economic growth, but the gains will be spread unevenly across sectors.

After a year of transition in the commercial real estate cycle in 2024, we believe CRE is poised for a tentative revival in values.

After India’s stunning economic performance in 2023 and the start of 2024, we believe the growth rate has now normalised and activity will expand at a softer pace.

Sydney CBD

Lower inflation will be supportive of Australia’s growth outlook in 2025, although there is still only limited scope for policy easing.

We think the environment of strong US demand coupled with still ample global liquidity, should be positive for US risk assets.

We expect the global valves market to register an increase of 3.6% in 2024 and 4.1% in 2025, with the actuator market expected to grow at a similar pace.

Most likely, 2025 could well be a year of slower growth and more stubborn inflation for Asia than most believe.

London

The UK has several long-running structural problems to solve and there’s much the new government needs to do.

Trump Tower in Chicago

The policy implications from a second Trump presidency are expected to affect US commercial real estate (CRE) through curbed immigration, tax cuts, and increased tariffs. However, CRE’s relative pricing to bond yields will probably most influence values in the short term.

Real estate office

Global CRE transaction volumes are near decade lows, but a convergence of powerful trends is set to ignite a strong rebound.

Eurozone economy

After a year of weak activity, the eurozone economy should gain some momentum.

US economy 2025

With the heighted policy uncertainty and volatility in the bond market, can the US sustain its economic edge in 2025?

Navigating globel economic trends

Trade disruption, volatility in prices and a new policy mix will determine the winners and losers in 2025.