Global Economics

Global Economics Update

31 July, 2018

Strong growth in Q2 unlikely to last

While global economic growth rebounded in Q2, it will probably slow again in the second half of this
year and in 2019. The US will not be able to sustain annualised GDP growth of 4%, China’s economy is
slowing steadily, and any pick-up in the euro-zone from a lacklustre first half is likely to be modest.

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