OECD trims global growth forecast to 2.9% in 2015, 3.3% in 2016
DeeperDive is a beta AI feature. Refer to full articles for the facts.
[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
Share with us your feedback on BT's products and services
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Eurokars Group introduces rental car franchises Enterprise Rent-A-Car, National Car Rental, and Alamo to Singapore
20 photos that show how dramatically Singapore has changed in two decades
Singapore’s key exports up 15.3% in March from electronics surge, exceeding forecasts