The Global Economy and the Euro Area: Uncertainty Weighing on World Trade and Industry: DIW Economic Outlook
Stefan Gebauer (),
Malte Rieth and
DIW Weekly Report, 2019, vol. 9, issue 37, 328-329
The ongoing trade conflicts initiated by the US and the uncertainty surrounding Brexit are negatively affecting the global economy. Global trade and investment activity, and thus in many places industrial output, are the areas most impacted. Consumption, however, is continuing to support the economy in many countries. DIW Berlin is expecting global GDP to grow to 3.7 percent this year and to slightly less in the following two years. Serious risks are weighing on the outlook, as the trade conflicts could continue to escalate and spread to the EU and the likelihood of a no-deal Brexit has increased.
Keywords: Business cycle forecast; economic outlook (search for similar items in EconPapers)
JEL-codes: E32 E66 F01 (search for similar items in EconPapers)
References: Add references at CitEc
Citations: Track citations by RSS feed
Downloads: (external link)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:diw:diwdwr:dwr9-37-2
Access Statistics for this article
DIW Weekly Report is currently edited by Pio Baake, Tomaso Duso, Marcel Fratzscher, Peter Haan, Claudia Kemfert, Alexander Kritikos, Alexander Kriwoluzky, Stefan Liebig, Lukas Menkhoff, Claus Michelsen, Karsten Neuhoff, Carsten Schröder, C. Katharina Spieß, Katharina Wrohlich, Gritje Hartmann and Wolf-Peter Schill
More articles in DIW Weekly Report from DIW Berlin, German Institute for Economic Research Contact information at EDIRC.
Bibliographic data for series maintained by Bibliothek ().