Global economy set to post its best performance in seven years in 2018 - OECD

Haresh Menghani FXStreet

The global economy looks set to post its best performance in seven years in 2018, reveals the Organisation for Economic Cooperation and Development (OECD's) interim economic outlook, released today.

Key points:

• keeps 2017 world economic growth forecast at 3.5%, unchanged from June forecast
• 2018 increased to 3.8% vs 3.7% previous
• US Growth Of 2.1% in 2017, 2.4% in 2018 (both unchanged)
• Eurozone 2.1% in 2017 (+0.3), 1.9% in 2018 (+0.1)
• Japan 1.6% in 2017 (+0.2), 1.2% in 2018 (+0.2
• UK 1.6% in 2017, 1.0% in 2018 (both unchanged)
• China 6.8% in 2017 (+0.2), 6.6% in 2018 (+0.2)

Author

Haresh Menghani

FXStreet

Haresh Menghani is a detail-oriented professional with 10+ years of extensive experience in analysing the global financial markets.

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