Tuesday, June 13, 2017

Overview of the world economy in 2017

The most recent monthly PMI surveys from IHS Markit indicate that the world economy is growing at a moderate pace for the time being.

















The OECD monthly leading indicators, published June 12, let believe that the pace of growth will continue that way in the coming months.

http://www.oecd.org/std/leading-indicators/composite-leading-indicators-cli-oecd-june-2017.htm

In its most recent appraisal of the world economy, OECD economists predict that real world GDP will grow by 3.5% this year, which would be better than in 2016 (3.0%) and 2015 (3.1%).

http://www.oecd.org/economy/better-but-not-good-enough-new-approaches-are-needed-to-make-globalisation-work-for-all.htm

The next update on the world economic outlook will come from the IMF in July.