Oxford Economics Global Industry Forecasts

Monthly Industry Briefing: April #### Motor Vehicles -## -## -## -## -## # ## ## ## ## ## Apr-## Apr-## Apr-## Apr-## Apr-## Apr-## Source: LMC Automotive / Oxford Economics % year France Germany # month

Monthly Industry Briefing: April #### Engineering and Metal Goods -## -## -## -# # ## ## #### #### #### #### #### % year Forecast France Germany Italy Source: Oxford Economics Engineering and metal goods: Output growth UK -## -## -## -##

Monthly Industry Briefing: April #### Electronics and Computers -# # # ## ## ## ## ## ## Apr-## Apr-## Apr-## Apr-## Apr-## Apr-## % year Electronics and computers: Consumer demand Source: Haver Analytics UK US

Monthly Industry Briefing: April #### Consumer Goods Consumer goods output declined across all the core European economies in February. Furthermore, it is likely that production in ####Q# will have contracted within all of these countries compared to ####Q#. In Germany

Monthly Industry Briefing: April #### Construction -## -## -## -# # # ## #### #### #### #### #### % year Forecast W. Europe US Source: Oxford Economics Japan Construction: Output growth -## -# -# -# -# # # # # #

Monthly Industry Briefing: April #### Chemicals Among the core European economies, chemical production generally disappointed in February but output levels in Germany, France and the UK are still likely to be slightly higher in ####Q# compared to ####Q#. However Italian

Monthly Industry Briefing: April #### Basic Metals -## -## -## -## -## # ## ## ## ## #### #### #### #### #### #### #### #### #### #### Source: Oxford Economics % year Japan US Forecast W. Europe Basic metals: Output growth

Monthly Industry Briefing: April #### Aerospace ## ### ### ### ### ### ### ### #### #### #### #### #### #### #### #### #### #### Source: Oxford Economics ####=### EU## aerospace: Output Germany Forecast France Italy UK EU## Benchmark revisions

Monthly Industry Briefing: March #### Motor Vehicles -## -## -## -## -## # ## ## ## ## ## Apr-## Apr-## Apr-## Apr-## Apr-## Apr-## Source: LMC Automotive / Oxford Economics % year France Germany # month

Monthly Industry Briefing: March #### Engineering and Metal Goods -## -## -## -# # ## ## #### #### #### #### #### % year Forecast France Germany Italy Source: Oxford Economics Engineering and metal goods: Output growth UK -## -## -## -##

Monthly Industry Briefing: March #### Electronics and Computers -# # # ## ## ## ## ## ## Apr-## Apr-## Apr-## Apr-## Apr-## Apr-## % year Electronics and computers: Consumer demand Source: Haver Analytics France* UK

Monthly Industry Briefing: March #### Consumer Goods Consumer goods output growth in the core European countries varied in January. In Germany, although consumer goods production increased #.#% on the month, this followed a larger decline in December. Meanwhile, French

Monthly Industry Briefing: March #### Construction -## -## -## # ## ## ## #### #### #### #### #### #### #### Source: Haver Analytics % Balance, normalised # mma Sweden Construction: Order books Belgium EU ## ## ## ### ### ### ###

Monthly Industry Briefing: March #### Chemicals In January, chemical production and new orders increased in both Germany and France. Furthermore, the latest confidence indicators, particularly for chemicals excluding pharmaceuticals, suggest that chemical output may have reached a turning point. Meanwhile

Monthly Industry Briefing: March #### Basic Metals -## -## -## -## -## # ## ## ## ## #### #### #### #### #### #### #### #### #### #### Source: Oxford Economics % year Japan US Forecast W. Europe Basic metals: Output growth

Monthly Industry Briefing: March #### Aerospace ## ### ### ### ### ### ### ### #### #### #### #### #### #### #### #### #### #### Source: Oxford Economics ####=### EU## aerospace: Output Germany Forecast France Italy UK EU## February s

Vietnam: Industry Forecast By Country Industry Forecasts: Spring #### Overview GDP is expected to rise by #.#% in #### and expand by #.#% in ####. Over the next ## years to ####, GDP is predicted to grow on

Venezuela: Industry Forecast By Country Industry Forecasts: Spring #### Overview GDP is expected to rise by #.#% in #### and expand by #.#% in ####. Over the next ## years to ####, GDP is predicted to grow on

Switzerland: Industry Forecast By Country Industry Forecasts: Spring #### Overview GDP is expected to rise by #.#% in #### and expand by #.#% in ####. Over the next ## years to ####, GDP is predicted to grow on

Singapore: Industry Forecast By Country Industry Forecasts: Spring #### Overview GDP is expected to rise by #.#% in #### and expand by #.#% in ####. Over the next ## years to ####, GDP is predicted to grow on

Hong Kong: Industry Forecast By Country Industry Forecasts: Spring #### Overview GDP is expected to rise by #.#% in #### and expand by #.#% in ####. Over the next ## years to ####, GDP is predicted to grow

Finland: Industry Forecast By Country Industry Forecasts: Spring #### Overview GDP is expected to rise by #.#% in #### and expand by #.#% in ####. Over the next ## years to ####, GDP is predicted to grow on

Uruguay: Industry Forecast By Country Industry Forecasts: Spring #### Overview GDP is expected to rise by #.#% in #### and expand by #.#% in ####. Over the next ## years to ####, GDP is predicted to grow on

Ukraine: Industry Forecast By Country Industry Forecasts: Spring #### Overview GDP is expected to rise by #.#% in #### and expand by #.#% in ####. Over the next ## years to ####, GDP is predicted to grow on

United Arab Emirates: Industry Forecast By Country Industry Forecasts: Spring #### Overview GDP is expected to rise by #.#% in #### and expand by #.#% in ####. Over the next ## years to ####, GDP is predicted to

Turkey: Industry Forecast By Country Industry Forecasts: Spring #### Overview GDP is expected to rise by #.#% in #### and expand by #.#% in ####. Over the next ## years to ####, GDP is predicted to grow on

Thailand: Industry Forecast By Country Industry Forecasts: Spring #### Overview GDP is expected to rise by #.#% in #### and expand by #.#% in ####. Over the next ## years to ####, GDP is predicted to grow on

Eurozone: Industry Forecast By Country Industry Forecasts: Spring #### Overview GDP is expected to rise by #.#% in #### and decline by #.#% in ####. Over the next ## years to ####, GDP is predicted to grow on

Estonia: Industry Forecast By Country Industry Forecasts: Spring #### Overview GDP is expected to rise by #.#% in #### and expand by #.#% in ####. Over the next ## years to ####, GDP is predicted to grow on

Egypt: Industry Forecast By Country Industry Forecasts: Spring #### Overview GDP is expected to rise by #.#% in #### and expand by #.#% in ####. Over the next ## years to ####, GDP is predicted to grow on

Taiwan: Industry Forecast By Country Industry Forecasts: Spring #### Overview GDP is expected to rise by #.#% in #### and expand by #.#% in ####. Over the next ## years to ####, GDP is predicted to grow on

Slovenia: Industry Forecast By Country Industry Forecasts: Spring #### Overview GDP is expected to fall by #.#% in #### and remain unchanged at #.#% in ####. Over the next ## years to ####, GDP is predicted to grow

Slovak Republic: Industry Forecast By Country Industry Forecasts: Spring #### Overview GDP is expected to rise by #.#% in #### and expand by #.#% in ####. Over the next ## years to ####, GDP is predicted to grow

Saudi Arabia: Industry Forecast By Country Industry Forecasts: Spring #### Overview GDP is expected to rise by #.#% in #### and expand by #.#% in ####. Over the next ## years to ####, GDP is predicted to grow

Malta: Industry Forecast By Country Industry Forecasts: Spring #### Overview GDP is expected to rise by #.#% in #### and expand by #.#% in ####. Over the next ## years to ####, GDP growth is predicted to grow

Malaysia: Industry Forecast By Country Industry Forecasts: Spring #### Overview GDP is expected to rise by #.#% in #### and expand by #.#% in ####. Over the next ## years to ####, GDP is predicted to grow on

Lithuania: Industry Forecast By Country Industry Forecasts: Spring #### Overview GDP is expected to rise by #.#% in #### and expand by #.#% in ####. Over the next ## years to ####, GDP is predicted to grow on

Latvia: Industry Forecast By Country Industry Forecasts: Spring #### Overview GDP is expected to rise by #.#% in #### and expand by #.#% in ####. Over the next ## years to ####, GDP is predicted to grow on

Israel: Industry Forecast By Country Industry Forecasts: Spring #### Overview GDP is expected to rise by #.#% in #### and expand by #.#% in ####. Over the next ## years to ####, GDP is predicted to grow on

Ireland: Industry Forecast By Country Industry Forecasts: Spring #### Overview GDP is expected to rise by #.#% in #### and decline by #.#% in ####. Over the next ## years to ####, GDP is predicted to grow on

Iraq: Industry Forecast By Country Industry Forecasts: Spring #### Overview GDP is expected to rise by #.#% in #### and expand by #.#% in ####. Over the next ## years to ####, GDP is predicted to grow on

Greece: Industry Forecast By Country Industry Forecasts: Spring #### Overview GDP is expected to fall by #.#% in #### and decline by #.#% in ####. Over the next ## years to ####, GDP is predicted to decline on

Romania: Industry Forecast By Country Industry Forecasts: Spring #### Overview GDP is expected to rise by #.#% in #### and expand by #.#% in ####. Over the next ## years to ####, GDP is predicted to grow on

Qatar: Industry Forecast By Country Industry Forecasts: Spring #### Overview GDP is expected to rise by ##.#% in #### and expand by #.#% in ####. Over the next ## years to ####, GDP is predicted to grow on

Portugal: Industry Forecast By Country Industry Forecasts: Spring #### Overview GDP is expected to fall by #.#% in #### and decline by #.#% in ####. Over the next ## years to ####, GDP is predicted to grow on

Luxembourg: Industry Forecast By Country Industry Forecasts: Spring #### Overview GDP is expected to rise by #.#% in #### and expand by #.#% in ####. Over the next ## years to ####, GDP is predicted to grow on

Kuwait: Industry Forecast By Country Industry Forecasts: Spring #### Overview GDP is expected to rise by #.#% in #### and expand by #.#% in ####. Over the next ## years to ####, GDP is predicted to grow on

Ecuador: Industry Forecast By Country Industry Forecasts: Spring #### Overview GDP is expected to rise by #.#% in #### and expand by #.#% in ####. Over the next ## years to ####, GDP is predicted to grow on

Philippines: Industry Forecast By Country Industry Forecasts: Spring #### Overview GDP is expected to rise by #.#% in #### and expand by #.#% in ####. Over the next ## years to ####, GDP is predicted to grow on

Norway: Industry Forecast By Country Industry Forecasts: Spring #### Overview GDP is expected to rise by #.#% in #### and expand by #.#% in ####. Over the next ## years to ####, GDP growth is predicted to grow

New Zealand: Industry Forecasts By Country Industry Forecasts: Spring #### Overview GDP is expected to rise by #.#% in #### and expand by #.#% in ####. Over the next ## years to ####, GDP is predicted to grow

Mexico: Industry Forecast By Country Industry Forecasts: Spring #### Overview GDP is expected to rise by #.#% in #### and expand by #.#% in ####. Over the next ## years to ####, GDP is predicted to grow on

Canada: Industry Forecast By Country Industry Forecasts: Spring #### Overview GDP is expected to rise by #.#% in #### and expand by #.#% in ####. Over the next ## years to ####, GDP is predicted to grow on

India: Industry Forecast By Country Industry Forecasts: Spring #### Overview GDP is expected to rise by #.#% in #### and expand by #.#% in ####. Over the next ## years to ####, GDP is predicted to grow on

Hungary: Industry Forecast By Country Industry Forecasts: Spring #### Overview GDP is expected to rise by #.#% in #### and decline by #.#% in ####. Over the next ## years to ####, GDP is predicted to grow on

Cyprus: Industry Forecast By Country Industry Forecasts: Spring #### Overview GDP is expected to rise by #.#% in #### and decline by #.#% in ####. Over the next ## years to ####, GDP is predicted to grow on

Italy: Industry Forecast By Country Industry Forecasts: Spring #### Overview GDP is expected to rise by #.#% in #### and decline by #.#% in ####. Over the next ## years to ####, GDP is predicted to grow on

Czech Republic: Industry Forecast By Country Industry Forecasts: Spring #### Overview GDP is expected to rise by #.#% in #### and expand by #.#% in ####. Over the next ## years to ####, GDP is predicted to grow

China: Industry Forecast By Country Industry Forecasts: Spring #### Overview GDP is expected to rise by #.#% in #### and expand by #.#% in ####. Over the next ## years to ####, GDP is predicted to grow on

Brazil: Industry Forecast By Country Industry Forecasts: Spring #### Overview GDP is expected to rise by #.#% in #### and expand by #.#% in ####. Over the next ## years to ####, GDP is predicted to grow on

Spain: Industry Forecast By Country Industry Forecasts: Spring #### Overview GDP is expected to rise by #.#% in #### and decline by #.#% in ####. Over the next ## years to ####, GDP is predicted to grow on

Poland: Industry Forecast By Country Industry Forecasts: Spring #### Overview GDP is expected to rise by #.#% in #### and expand by #.#% in ####. Over the next ## years to ####, GDP is predicted to grow on

Austria: Industry Forecast By Country Industry Forecasts: Spring #### Overview GDP is expected to rise by #.#% in #### and expand by #.#% in ####. Over the next ## years to ####, GDP is predicted to grow on

Netherlands: Industry Forecast By Country Industry Forecasts: Spring #### Overview GDP is expected to rise by #.#% in #### and expand by #.#% in ####. Over the next ## years to ####, GDP is predicted to grow on

Colombia: Industry Forecast By Country Industry Forecasts: Spring #### Overview GDP is expected to rise by #.#% in #### and expand by #.#% in ####. Over the next ## years to ####, GDP is predicted to grow on

Chile: Industry Forecast By Country Industry Forecasts: Spring #### Overview GDP is expected to rise by #.#% in #### and expand by #.#% in ####. Over the next ## years to ####, GDP is predicted to grow on

Bulgaria: Industry Forecast By Country Industry Forecasts: Spring #### Overview GDP is expected to rise by #.#% in #### and expand by #.#% in ####. Over the next ## years to ####, GDP is predicted to grow on

Belgium: Industry Forecast By Country Industry Forecasts: Spring #### Overview GDP is expected to rise by #.#% in #### and decline by #.#% in ####. Over the next ## years to ####, GDP is predicted to grow on

US: Industry Forecast By Country Industry Forecasts: Spring #### Overview GDP is expected to rise by #.#% in #### and expand by #.#% in ####. Over the next ## years to ####, GDP is predicted to grow on

UK: Industry Forecast By Country Industry Forecasts: Spring #### Overview GDP is expected to rise by #.#% in #### and expand by #.#% in ####. Over the next ## years to ####, GDP is predicted to grow on

Pakistan: Industry Forecast By Country Industry Forecasts: Spring #### Overview GDP is expected to rise by #.#% in #### and expand by #.#% in ####. Over the next ## years to ####, GDP is predicted to grow on

Japan: Industry Forecast By Country Industry Forecasts: Spring #### Overview GDP is expected to fall by #.#% in #### and expand by #.#% in ####. Over the next ## years to ####, GDP is predicted to grow on

Indonesia: Industry Forecast By Country Industry Forecasts: Spring #### Overview GDP is expected to rise by #.#% in #### and expand by #.#% in ####. Over the next ## years to ####, GDP growth is predicted to grow

Bahrain: Industry Forecast By Country Industry Forecasts: Spring #### Overview GDP is expected to rise by #.#% in #### and expand by #.#% in ####. Over the next ## years to ####, GDP is predicted to grow on

Australia: Industry Forecast By Country Industry Forecasts: Spring #### Overview GDP is expected to rise by #.#% in #### and expand by #.#% in ####. Over the next ## years to ####, GDP is predicted to grow on

Sweden: Industry Brief By Country Industry Forecasts: Spring #### Overview GDP is expected to rise by #.#% in #### and expand by #.#% in ####. Over the next ## years to ####, GDP is predicted to grow on

South Africa: Industry Forecast By Country Industry Forecasts: Spring #### Overview GDP is expected to rise by #.#% in #### and expand by #.#% in ####. Over the next ## years to ####, GDP is predicted to grow

Russia: Industry Forecast By Country Industry Forecasts: Spring #### Overview GDP is expected to rise by #.#% in #### and expand by #.#% in ####. Over the next ## years to ####, GDP is predicted to grow on

Oman: Industry Forecast By Country Industry Forecasts: Spring #### Overview GDP is expected to rise by #.#% in #### and expand by #.#% in ####. Over the next ## years to ####, GDP is predicted to grow on

South Korea: Industry Forecast By Country Industry Forecasts: Spring #### Overview GDP is expected to rise by #.#% in #### and expand by #.#% in ####. Over the next ## years to ####, GDP is predicted to grow

Germany: Industry Forecast By Country Industry Forecasts: Spring #### Overview GDP is expected to rise by #.#% in #### and expand by #.#% in ####. Over the next ## years to ####, GDP is predicted to grow on

France: Industry Forecast By Country Industry Forecasts: Spring #### Overview GDP is expected to rise by #.#% in #### and decline by #.#% in ####. Over the next ## years to ####, GDP is predicted to grow on

Denmark: Industry Forecast By Country Industry Forecasts: Spring #### Overview GDP is expected to rise by #.#% in #### and expand by #.#% in ####. Over the next ## years to ####, GDP is predicted to grow on

Argentina: Industry Forecast By Country Industry Forecasts: Spring #### Overview GDP is expected to rise by #.#% in #### and expand by #.#% in ####. Over the next ## years to ####, GDP is predicted to grow on

Monthly Industry Briefing: February #### Motor Vehicles -## -## -## -## -## # ## ## ## ## ## Jan-## Jan-## Jan-## Jan-## Jan-## Jan-## Source: LMC Automotive / Oxford Economics % year France Germany # month

Monthly Industry Briefing: February #### Engineering and Metal Goods -## -## -## -# # ## ## #### #### #### #### #### % year Forecast France Germany Italy Source: Oxford Economics Engineering and metal goods: Output growth UK -## -## -## -##

Monthly Industry Briefing: February #### Electronics and Computers -# # # ## ## ## ## ## ## Jan-## Jan-## Jan-## Jan-## Jan-## Jan-## % year Electronics and computers: Consumer demand Source: Haver Analytics France* UK

Monthly Industry Briefing: February #### Consumer Goods According to the latest available data, consumer goods production growth was generally more negative amongst the developed economies. Consumer goods output growth in the core European countries was mixed in December. In Germany

Monthly Industry Briefing: February #### Construction -## -## -# -# # # # ## #### #### #### #### #### % year Forecast W. Europe US Source: Oxford Economics Japan Construction: Output growth -## -## -# # # ## ## #### ####

Monthly Industry Briefing: February #### Chemicals In December, chemical output declined in Germany and France, rebounded in the UK and, surprisingly, increased in Italy for the third consecutive month. Despite this, the most recent confidence indicators paint a different picture

Monthly Industry Briefing: February #### Basic Metals -## -## -## -## -## # ## ## ## ## #### #### #### #### #### #### #### #### #### #### Source: Oxford Economics % year Japan US Forecast W. Europe Basic metals: Output growth

Monthly Industry Briefing: February #### Aerospace ## ### ### ### ### ### ### ### #### #### #### #### #### #### #### #### #### #### Source: Oxford Economics ####=### EU## aerospace: Output Germany Forecast France Italy UK EU## US aerospace

# Highlights US gains to offset weakness elsewhere · There is a clear split developing in automotive prospects this year, with stronger-than-expected gains in the US ­ and to a lesser extent Japan ­ offsetting weakness elsewhere, most notably in Europe

# Highlights Further weakening in suppliers prospects · With prospects for demand growth deteriorating somewhat further since our last quarterly forecast, and most economies affected at least a little, the outlook for industry suppliers has also worsened again. For intermediate goods

# Highlights Prospects dim further for investment goods · World engineering output is predicted to grow by #% this year, a sharp downward revision since our last report as the investment environment has markedly deteriorated. Next year, world output is expected

# Highlights High-tech growth to slow to #½% in #### · Global production of high-tech goods fell back by #.#% in ####Q#, dragged down by production in the developed world. In #### as a whole, high-tech production

# Consumer goods: Industry Briefing ####-#### #### #### #### #### #### #### ####-#### Germany -#.# #.# #.# -#.# #.# #.# #.# #.# France #.# #.# #.# #

# Highlights Growth returns to the sector, but tentatively · Across the developed economies construction output is estimated to have risen by around ¼% in #### ­ technically the first calendar year of positive growth in the sector since ####, but clearly disappointing

# Highlights Global growth slows to just #½% in #### · Global chemical output grew by a modest #.#% on the quarter in ####Q#, partially reversing the #.#% decline seen in ####Q#. This implies that chemical output as a

# Highlights #### forecasts downgraded further · Forecasts have been downgraded on the back of a weaker macroeconomic outlook and production cutbacks. This year, world output is expected to grow by #½%, accelerating to growth of #¾% next year as underlying