Tuesday, September 8, 2015

World economy: its growth is weaker than expected

Three reliable sources show that the world economy grows at a slower pace than what was expected a few months ago, and that this trend could continue in the coming months:

OECD September 8 news release on composite leading indicators:
http://www.oecd.org/std/leading-indicators/composite-leading-indicators-cli-oecd-september-2015.htm

IMF staff briefing note in preparation to the  September 4-5 G-20 meeting:
http://www.imf.org/external/np/g20/090415.htm

Markit Economics September 3 press release on the J.P. Morgan Global Manufacturing & Services PMI:
http://www.markiteconomics.com/Survey//PressRelease.mvc/8ae9460470fc42aa85ed4b394308f420

Scenario of slow growth for Canada

OECD leading indicators for Canada suggest again slow growth in economic activity in the coming months. The most recent data were published September 8.