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OECD sees international development slowing additional however laborious touchdown to be averted

  • 🌎 2023 international GDP development lowered to 2.9% (beforehand 3.0%)
  • 🌎 2024 international GDP development unchanged at 2.7%
  • 🌎 2025 international GDP development seen at 3.0% (first estimate)
  • 🇺🇸 2023 US GDP development improved to 2.4% (beforehand 2.2%)
  • 🇺🇸 2024 US GDP development improved to 1.5% (beforehand 1.3%)
  • 🇪🇺 2023 Eurozone GDP development unchanged at 0.6%
  • 🇪🇺 2024 Eurozone GDP development lowered to 0.9% (beforehand 1.1%)
  • 🇬🇧 2023 UK GDP development improved to 0.5% (beforehand 0.3%)
  • 🇬🇧 2024 UK GDP development lowered to 0.7% (beforehand 0.8%)
  • 🇯🇵 2023 Japan GDP development lowered to 1.7% (beforehand 1.8%)
  • 🇯🇵 2024 Japan GDP development unchanged at 1.0%
  • 🇨🇳 2023 China GDP development improved to five.2% (beforehand 5.1%)
  • 🇨🇳 2024 China GDP development improved to 4.7% (beforehand 4.6%)

Whereas the prospects of most main economies are seen enhancing, international development forecast remains to be anticipated to sluggish from their earlier forecast. The organisation says that superior economies are headed for a comfortable touchdown with the US economic system particularly holding up higher than anticipated. That being mentioned, they are saying that the chance of a recession is just not off the desk but.

This text was written by Justin Low at www.forexlive.com.

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