2019 MID YEAR OUTLOOK | ECONOMY
Divergence in Global Growth
- Citi analysts expect global growth of 2.9% in 2019 and 2020. Inflation may remain steady at 2.5% in 2019 and 2020.
- Developed Markets (DMs) target 1.8% growth in 2019 and 1.6% in 2020, while Emerging Markets (EMs) are anticipated to grow 4.4% in 2019 and 4.6% in 2020, reflecting the divergence between the 2 regions.
- Financial conditions, uncertainty shocks, and the US-China trade tensions are global factors that could negatively affect consumption, investment, trade, and GDP.
Past performance is no guarantee of future results, real results may vary. Forecasts are expressions of opinion, are not a guarantee of future results and are subject to change.
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