OECD revises global economic outlook

Finance
  • 20 September, 2018
  • 13:40
OECD revises global economic outlook

Baku. 20 September. REPORT.AZ/ The Organisation for Economic Co-operation and Development (OECD) has reduced forecast for global economic growth 0.1 percentage point and 0.2 percentage point  for 2018-2019, Report informs.

The economic growth is forecasted 3.7% in these years. According to the previous forecast, the economic growth would be 3.8% in 2018, 3.9% in 2019.

At the same time, the economic growth forecast for G 20 was  lower to 3.9% in 2018 and 3.8% in 2019. In Eurozone the economy is predicted to grow by 2% in 2018, 1.9% in 2019.

According to the previous forecast, the economic growth for Eurozone was 2.2% in 2018 and 2.1% in 2019.