World Economic Prospects: Growth still on track to ease modestly

Each month Oxford Economics’ team of 200 economists updates its baseline global economic outlook using the Global Economic Model, the only fully integrated economic forecasting framework of its kind.

September/October 2018 

  • Protectionism, tightening global liquidity and emerging market concerns remain key threats to the global economic expansion.
  • But while these factors may trigger slower growth in 2019 and beyond, there is little compelling evidence of significant loss of growth momentum.
  • We continue to expect global GDP growth to ease gently, from 3.1% this year to 2.8% in 2019, with weaker real income growth, household spending and investment in advanced economies.

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