Degroof Petercam AM: Macro Economic Update

Paris

Industrial weakness still weighing on global economic activity with no strong turnaround in sight.

29.05.2019 | 13:01 Uhr

Global growth currently hovers slightly above 2.5% with confidence indicators still mostly pointing to soft economic growth in the near future. While activity in the services sector holds up rather well, global manufacturing is still feeling the burn. International trade weakness is dragging on and the outlook for investment has weakened.

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