OECD Cuts Growth Outlook to Post-Crisis Low

20 Eylül 2019

The trade war between the United States and China has plunged global growth to its lowest levels in a decade, the OECD said on Thursday as it slashed its forecasts.
 
The global economy will see its weakest growth since the 2008-2009 financial crisis this year, slowing from 3.6% last year to 2.9% this year, the OECD said.
 
The Paris-based policy forum said the outlook had taken a turn for the worse since it last updated its forecasts in May, when it estimated the global economy would grow 3.2% this year and 3.4% in 2020.
 
Source: Reuters
Post by : Republic of Turkey Ministry of Trade