Relations Presse
Annabelle Rousseau
Annabelle.
rousseau@fr.
ey.
com
01 55 61 80 33
Embargoed: Not for publication or broadcast before 00.
01am GMT, 19 January 2012
Resilient rapid-growth markets to fend off strain of Eurozone crisis
LONDON, 19 January 2012...
More
Relations Presse
Annabelle Rousseau
Annabelle.
rousseau@fr.
ey.
com
01 55 61 80 33
Embargoed: Not for publication or broadcast before 00.
01am GMT, 19 January 2012
Resilient rapid-growth markets to fend off strain of Eurozone crisis
LONDON, 19 January 2012 – Slackening demand, turbulent and volatile markets and credit
liquidity problems in Europe are beginning to squeeze rapid-growth markets (RGMs) but not to
the extent of derailing robust economic performance.
The RGMs are expected to grow
collectively by 5.
3% this year, in stark contrast to the mild recession expected in the Eurozone
in H1 2012 and modest growth in the US, according to Ernst & Young’s quarterly Rapid-Growth
Markets Forecast (RGMF) released today.
While growth in the RGMs will continue to be the envy of advanced economies, in the near
term, they are showing the strains from the falloff in demand from the Eurozone, as well as the
buffeting to financial markets and business confidence over the past few months.
As a
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