Global Industry Forecasts > Quarterly Industry Forecasts > Intermediate Goods

The previous year closed essentially in line with our expectations with output expanding by 3.3%. Intermediate goods in 2015 are forecast to grow at the roughly same pace, albeit with a greater share of growth accounted for by the developed countries. The recent sharp falls in the oil price constitute the major theme driving our latest intermediate goods forecast with impacts on both the demand and supply side of the sector.