OLIVER MANGAN: Growth may cool but sharp slide unlikely

The latest economic update from the Organisation for Ecomomic Co-Operation and Development (OECD) has seen it revise down its forecasts for global growth for the second time in a couple of months.

It is now forecasting that the world economy will grow by 3.5% in 2019. In its mid-year assessment, it was forecasting 3.9% growth for next year.

This also represents a slower pace of growth than in 2018, with both the OECD and IMF estimating that the world economy will expand by 3.7% this year.

Sign in or register for FREE to continue enjoying and to comment on our great range of opinion writers

Not a member yet? Register here

More on this topic

More in this Section

Comment: New York dodged a bullet as Amazon cancels expensive HQ plan for city

UK to launch new review of auditors

Goods exports to Britain fall as imports rise in 2018

Sterling traders mull effects of May’s latest defeat

More by this author

Debate flares over health of global economy

Expect pound to fall ‘quite sharply’ in no-deal Brexit

Eurozone economy is not far from recession this year

Dollar set to lose ground this year


Lifestyle

Away with red tape!

Review: Post Malone in Dublin - Not music to change your life but tremendous fun

Review: Ariana Grande - Thank U, Next is a rollercoaster you’ll want to stay with

Travel digest with Barry Coughlan

More From The Irish Examiner