published by The Organisation for economic co-operation and development (OECD) economic Outlook. It States that global economic output will grow in the next two years, only 3.5 per cent. In 2018, a 3.7 percent is to be achieved. In early summer, she was assumed to be, respectively, 3.7 percent for 2018 and 2019. “Global growth is strong, has reached its peak yet,” said OECD chief economist Laurence Boone.
For the Eurozone, the OECD lowered its forecast for the current year to 1.9 per cent and expects a further slowdown to 1.8 in the coming year and to 1.6 percent in 2020. Particularly bad Italy to cut: Here, the organization expects in the next two years, only a Plus when the gross domestic product of 0.9 percent. Reason: The increasing uncertainty and the higher interest rates would dampen the propensity to consume of households and the Investment activity of the companies, according to the OECD.
Also in the UK is likely to develop, the economy is weaker than in the Eurozone. The Brexit-related uncertainty hampers economic growth. The growth is expected to be, according to the OECD this year and 1.3 percent in 2019, at 1.4 percent in 2020 to 1.1 percent.
the world’s largest economy United States growth To 2018 of 2.9 percent is forecast to subside, 2019, then 2.7 per cent and 2.1 per cent. “The recent tax reform and the favorable financial conditions do not allow for 2019 and 2020, a high level of business investment can be expected”, – stated in the Outlook. “The weaker Outlook for the world economy and the already established trade measures strain, by contrast, economic activity.”
