OECD trims global growth forecast to 2.9% in 2015, 3.3% in 2016
Published Mon, Nov 9, 2015 · 10:56 AM
[PARIS] The OECD on Monday cut its forecast for global growth to 2.9 per cent this year and 3.3 per cent in 2016, saying subdued inflation should support a gradual pick up in the world economy.
However, the OECD's chief economist called "deeply concerning" a stagnation in global trade that has in the past "been associated with global recession".
AFP
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
Slowing global economy to mean smaller revenue bump in Australian budget
Emerging-market optimism dashed by Fed as currencies, bonds sink
France’s Macron set to press China’s Xi on trade, Ukraine
Israeli Cabinet votes to shut down Al Jazeera’s local operations
Ukraine eases some wartime capital controls for businesses
Labour mayor wins cap triumphant election run for Starmer