Sunday, December 6, 2020

A look at the world economy

The world economy recovery was still going on in November but not as strongly as in October, according to PMI survey results published December 3 by IHS Markit. Sign of better days to come "Business optimism surges to highest since early-2014 on vaccine hopes".

In its Economic Outlook published in early December, the OECD forecasts that world GDP will grow by 4.2% in 2021 and 3.7% in 2022 after a decrease of 4.2% in 2020.

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