Quebec Economy: Fifth Consecutive Decline of the DLI

The Desjardins Leading Index (DLI) declined for a fifth consecutive month last March, according to the analysis published May 23 by Desjardins' economists. Still, this financial institution forecasts that economic growth in Quebec will be at 1.7% this year.

World Economy: Trend to Slower Growth

PMI data from IHS Markit keep sending signals of a slowdown in the pace of growth of the world economy in the first semester of this year.

World Economy: Outlook Revised Downward for 2019

IMF economists revised downward their projections for world economic growth in 2019. World GDP is now expected to increase by 3.3% this year. The downturn is not expected to last long since a modest acceleration is expected during the second half of the year.

The world economy at a glance

PMI results from IHS Markit keep sending signals of a slowdown in world economic activity.

OECD leading economic indicators, published February 11, show that this trend will continue in the coming months.

"A Weakening Global Expansion", according to the IMF

The International Monetary Fund published, January 21, its World Economic Outlook Update. Six months ago, its economists projected that the world economy would grow by 3.9% in 2019. Last October, it was revised to 3.7%, and, now, it stands at 3.5%. The IMF worries are mainly related to an eventual escalation of trade tensions, the level of public and private debt, Brexit without an aggreement with the European Unoin and an economic slowdown in China that would be more severe than what is actually anticipated.

Leading Economic Indicators from the OECD...

... point again to a slowdown of the world economy during the first semester of this year. The most recent monthly data on those indicators were published January 14 on the OECD web page.

The expansion of the world economy continues at a moderate pace

The J.P.Morgan Global Composite PMI, published December 6 by IHS Markit, indicates that the world economy keeps expanding at a moderate pace for the time being.

In its most recent Economic Outlook, the OECD forecasts that world real GDP will grow by 3.5% in 2019, slightly less than this year (3.7%).