The May 2018 edition of the Economic Update, presenting the current economic environment across the globe and the outlook by Atradius Economic Research.
The May 2018 edition of the Economic Update, presenting the current economic environment across the globe by Atradius Economic Research.
Global – Against the backdrop of a looming trade war, global GDP growth is still strengthening. We expect global output to expand 3.2% in 2018.
Eurozone – Sentiment indicators have edged slightly lower in recent months, suggesting the growth cycle could be nearing its peak.
Advanced Markets – The 2018 outlook for the US has strengthened, but downside risks from trade policy have increased. The UK outlook is stable, but disappointing Q1 figures point to a loss of momentum.
Emerging Markets – Emerging markets are forecast to see another strong year of growth, but risks to outlook are increasing.
Credit and Insolvencies – Global credit conditions continue to improve. Supported by higher world GDP growth, the insolvency outlook for advanced and emerging economies is benign.
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