Annual & Mid-year Outlook | Economy
Divergence in Global Growth
Posted onKey Takeaways
- Citi analysts expect global growth of 2.9% in 2019 and 2020. Inflation may remain steady at 2.5% in 2019 and 2020.
- Developed Markets (DMs) target 1.8% growth in 2019 and 1.6% in 2020, while Emerging Markets (EMs) are anticipated to grow 4.4% in 2019 and 4.6% in 2020, reflecting the divergence between the 2 regions.
- Financial conditions, uncertainty shocks, and the US-China trade tensions are global factors that could negatively affect consumption, investment, trade, and GDP.