You are here

Fitch nearly halves global growth forecast to 1.3% for 2020 on Covid-19 hit

nz_nyse_200383.jpg
Fitch Ratings has "aggressively lowered" its global economic forecasts, with its global growth forecast nearly halving to 1.3 per cent for 2020, from 2.5 per cent in its December 2019 global economic outlook.

FITCH Ratings has "aggressively lowered" its global economic forecasts, with its global growth forecast nearly halving to 1.3 per cent for 2020, from 2.5 per cent in its December 2019 global economic outlook. 

Global growth was 2.7 per cent in 2019, making the drop weaker than during the...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes