Caribbean Market Overview – November 2022
From CIBC FirstCaribbean Caribbean Economic Overview Summary: The global economic slowdown became more entrenched in Q2 led by quarterly real GDP declines in the US, Russia, and China, and weakening growth in several other major economies. In addition to the humanitarian…
Caribbean Market Overview – July 2022
From CIBC FirstCaribbean Caribbean Economic Overview Summary: Russia’s invasion of Ukraine interrupted the global economy’s rebound from the collapse triggered by the COVID-19 pandemic. Following a solid resurgence of productive activity in 2021, the fall-out from the war has exacerbated already…
Caribbean Market Overview – 2021 Q4
From CIBC FirstCaribbean Caribbean Economic Overview Summary: The global economic recovery progressed in the first half of 2021, despite the unrelenting pandemic. In its October 2021 World Economic Outlook, the IMF suggested that economic activity’s adjustment to the COVID-19 environment alongside…
Caribbean Market Overview – 2019 Q2 shows global economic activity loses momentum
From CIBC First Caribbean Bank Caribbean Economic Overview Summary: Following almost two years of robust growth, the IMF indicates that global economic activity lost momentum in latter half of 2018 amid trade tensions, declining business confidence, tightening financial conditions and higher…
Caribbean Economic Overview
From CIBC-FC Summary: The IMF notes that global economic growth accelerated to 3.8% y/y during 2017, as growth in both advanced and emerging markets picked up relative to one year earlier. Since then, economic activity in the US, Canada, and…
Caribbean Market Overview 2016 Q2
From CIBC FirstCaribbean Caribbean Economic Overview Summary: Sustained growth in advanced economies and lower oil prices provided a boon to Caribbean economic growth in 2015. However, since then, global oil prices bottomed and economic growth in the USA and UK…