Compared to the OECD’s September predictions. It predicted that global economic growth would fall from 3.1% this year to 2.2% next year before picking up again to 2.7% in 2024.
Compared to the OECD’s September predictions. It predicted that global economic growth would fall from 3.1% this year to 2.2% next year before picking up again to 2.7% in 2024.
Germany, a regional powerhouse whose industry-driven economy is heavily dependent on Russian energy exports, was expect to fall by 0.3% next year, according to the OECD. Which is less dismal than the 0.7% decline forecast in September
Germany, a regional powerhouse whose industry-driven economy is heavily dependent on Russian energy exports, was expect to fall by 0.3% next year, according to the OECD. Which is less dismal than the 0.7% decline forecast in September
The French economy, which is significantly less dependent upon Russian gas and oil, is predict to rise by 0.6% next year, despite varying outlooks even within Europe
The French economy, which is significantly less dependent upon Russian gas and oil, is predict to rise by 0.6% next year, despite varying outlooks even within Europe
Outside of the euro zone. It was predicted that the British economy will contract by 0.4% in 2019 as a result of rising interest rates, soaring prices.
Outside of the euro zone. It was predicted that the British economy will contract by 0.4% in 2019 as a result of rising interest rates, soaring prices.
Inflation was project to decline across OECD countries in more than 9% this year to 5.1% in 2024 as tighter monetary policy takes hold and pressures on energy prices relax.
Inflation was project to decline across OECD countries in more than 9% this year to 5.1% in 2024 as tighter monetary policy takes hold and pressures on energy prices relax.