ab14 February 2024Global Research and Evidence LabGlobal Economic Forecast Database UBS forecasts - changes this weekLatest global economic forecasts All UBS economic forecasts (>50 indicators for roughly 40 countries/regions) are accessible in Excel through our "Global Forecast Database" which can be found here.For ease of reference, we also circulate the Database tables, on a weekly basis, sorted by Indicator and Region (pg 7-72). A summary can be found on pg 4. Pg 5 shows forecast changes compared to a week ago and pg 6 shows how our forecasts deviate from consensus. If you have questions on specific regions, our contact list is on pg 73. HIGHLIGHTS: We lowered our 2024 GDP growth forecast for Thailand to 3.0% (Prev: 3.4%). We also pushed out the timing of the first Banxico rate cut to March (from Feb), while in Australia we reverted to the timing of the first RBA cut to Nov-24 (from Aug).You are signed up to Global Economic Research on our Neo platform. Should you wish to unsubscribe from the 'Global Economic Forecast Database' without losing access to other economic research, please email ubs-economics@ubs.com.Source: UBSPlease note that forecasts are continuously updated so this publication is correct as of the date of publication. Intra-week forecast updates can be found here. This report has been prepared by UBS AG London Branch. ANALYST CERTIFICATION AND REQUIRED DISCLOSURES, including information on the Quantitative Research Review published by UBS, begin on page 73. EconomicsGlobalAnna TitarevaEconomist anna.titareva@ubs.com +44-20-7568 5083Arend KapteynEconomist arend.kapteyn@ubs.com +44-20-7567 0531 Global Economic Forecast Database 14 February 2024ab 2Global Economic Forecast DatabaseUBS Research Forecast Highlights2023F2024F2025F2023F2024F2025F2023F2024F2025F2023F2024F2025FUS2.51.61.64.12.62.2-3.5-3.5-3.5-5.8-5.8-6.0Japan2.00.61.03.31.91.63.54.65.1-5.1-4.1-3.1Canada1.10.21.33.92.52.11.21.21.1-1.9-1.5-1.2UK0.60.61.57.42.72.1-2.7-2.4-2.2-4.6-3.5-2.9Switzerland0.71.21.52.11.51.58.08.07.60.10.40.3Eurozone0.50.61.25.52.32.11.92.22.4-3.4-2.9-2.2 Germany-0.10.30.86.12.11.96.34.14.9-2.6-1.5-1.2 France0.90.91.25.72.11.8-1.4-1.5-1.0-4.7-4.3-3.3 Italy0.70.80.86.01.41.4-0.20.80.9-5.3-4.5-3.6 Spain2.51.51.93.42.82.51.41.11.2-4.1-3.3-2.9 Greece3.03.03.03.62.82.0-6.3-5.5-4.9-2.0-1.0-0.5EMEA2.41.92.917.416.49.01.92.22.0-3.2-2.6-1.8 Turkey4.42.43.253.956.127.1-4.1-3.1-2.1-6.0-5.5-4.0 South Africa0.82.01.85.94.74.4-2.1-2.8-2.5-4.9-4.5-4.2 Kazakhstan5.23.64.014.89.07.5-2.2-1.9-2.7-0.60.20.9 Czech-0.42.03.010.71.92.01.50.91.2-3.7-2.0-1.0 Hungary-0.82.43.317.13.83.01.31.32.0-5.9-2.9-2.5 Poland0.22.63.211.43.64.03.52.52.8-5.1-5.1-4.6 Russia3.61.21.05.97.04.52.54.93.8-2.2-1.3-0.2 UAE3.43.33.33.12.32.07.05.44.02.02.71.2 Saudi Arabia-0.91.26.32.32.01.86.75.45.2-2.1-2.3-0.7Asia (ex Japan)5.14.64.72.22.12.41.71.51.5-4.6-4.8-4.5 Australia2.01.52.15.63.43.10.00.0-0.10.2-0.9-1.3 New Zealand0.81.32.55.73.02.3-7.6-6.6-5.30.40.21.1 Hong Kong3.62.52.81.81.82.16.97.07.1-2.5-1.80.2 Singapore1.22.43.24.83.21.717....
