Monthly Economic Report November 2019

The global economy has slowed this year, with growth dropping to around 3.0%, down from a solid 3.6% in 2018 and an even stronger 3.8% in 2017, according to the International Monetary Fund (IMF) in its latest report (October). This is the slowest rate of growth since the global financial crisis of 2008, although growth is forecast to pick up somewhat next year (to 3.4%). The developed world is being particularly hard hit, with growth forecast to be only 1.7% this year and the same in 2020. Such mediocre growth for most of the advanced economies could persist for some time…

 

For the November 2019 Full Report (PDF) please click here.

FIND A FIDUCIAN FINANCIAL PLANNER NEAR YOU
Top