[Euromonitor International] Global Economy Forecast for Q1 2020

Euromonitor International has released its global economy forecast for the first quarter of 2020. The report revisits GDP figures from the last quarter of 2019, forecast inflation rates and provide a general outlook for countries in advanced and emerging economies, including the US, UK, Germany, Japan, Brazil, Russia, India and China, and also focuses on the quarterly macro changes for 8 key markets and what that means for the future of the global economy.

Using Euromonitor International’s macro-economic model, the world’s real GDP growth baseline forecast is at 3% for 2020. Emerging economies are forecasted at 4.2% real GDP growth, compared with only 1.4% growth for advanced economies. Although emerging economies have a positive and steady growth outlook, one of the key players China will be experiencing a decline due to the recent outbreak of coronavirus. There is also a significant risk of a more persistent outbreak, spilling over into a downturn in consumer spending, business investment and production.

Download the full report here: https://bit.ly/2QtnBKs

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