The forecast anticipates widespread deficits of varying intensity to occur across most of the region. Areas of surplus are expected to persist in Turkey.
Mexico, Central America, & the Caribbean: Deficits continue throughout Mexico, Central America
Canada: Deficits continue in most provinces
South Asia: Isolated deficits in east-central India
Europe: Deficits intensify in Eastern Europe
The 12-month forecast ending in May 2024 anticipates that while many regions of European countries will observe near-normal conditions, much of eastern European countries can expect deficits ranging from moderate to extreme intensity. Small areas of surplus are also expected to occur in southern and northern Europe.