Eurozone 2022 themes: Now for the hard part
The eurozone pushed on with a strong recovery in 2021, but in many ways that’s been the easy part. With reopening tailwinds mostly exhausted, the bloc will face different challenges in 2022.
What you will learn:
- We still expect another year of robust growth – close to 4% – but the recovery is likely to be choppy due to resurgent Covid risks, supply chains problems, and surging energy prices.
- Our expectation of strong growth continues to rest on consumer spending as we transition from public- to private-led demand growth.
- Supply chain issues are still a constraint for now, but we expect bottlenecks to recede next year.
Tags:
Related Services
Post
Trump policies provide tailwinds for industries, with exceptions in Japan
We expect the impact of Trump policies will be a net positive for Japan. The boost from higher import demand due to expansionary fiscal policies will likely overwhelm the adverse impact of targeted tariffs on Japan. The US is Japan's biggest goods export destination, accounting for 20% of total. Most traded items such as machinery and automotives are set to benefit from higher investment demand and consumer spending.
Find Out More
Post
Alberta’s success at attracting migrants is building pressures
Alberta's population has grown rapidly over the last three years, driven by a surge in international migration.
Find Out More