The International Debt Collections Handbook is a key tool for businesses when it comes to making decisions concerning collections in foreign countries.
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Access a snapshot of the credit risk situation and business performance of 14 major industries in your country. The forecast is based on the assessment of Atradius underwriters.
Economic expansion remains broad-based, driven by private consumption and business investments, while export growth is sustained by the eurozone demand.
A potential downside risk would be another deterioration in house prices, given high levels of mortgage debt and banks’ exposure to the housing market.
In 2018 and 2019 economic growth is expected to moderate somewhat but to remain robust, with private consumption and investment remaining the key drivers.
A potential downside risk to the economic performance could be the high household debt in case of sharp house price decreases and interest rate increases.
British business insolvencies are expected to rise again in 2018, mainly affecting businesses active in the construction, retail and hospitality sectors.
Since H2 of 2017 economic growth has recovered from low copper prices and lower demand from China, strikes in the mining sector and weaker domestic demand.
Since H2 of 2017 GDP growth has started to accelerate again, due to a more supportive external environment and the effects of monetary policy stimulus.
In 2018 sales are expected to be affected by slower household spending growth, triggered by a weaker housing market and subdued growth in household income.
Indonesia's retail sector is one of the most promising in Asia, on the back of its large population and growing middle class with higher purchasing power.
The short-term outlook is benign with private consumption expected to increase by more than 6% in 2018, but higher inflation could have a dampening effect.