At a Glance…: The World Economy

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National Institute Economic Review, 2015, vol. 232, issue 1, F2-F2

Abstract: Following growth of 3.4 per cent each year in 2012–14, the world economy will grow by 3.2 per cent in 2015 and 3.8 per cent in 2016. Growth has been slightly weaker than expected so far in 2015 and inflation remains well below target in almost all developed countries. But deflation does not appear to be embedded and low oil prices, combined with accommodative monetary policies, should provide a boost to growth in most oil importing countries.

Date: 2015
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