Dynamic global economy
The global economy continued to record robust growth in 2019, albeit at a slightly reduced pace. Global gross domestic product (GDP) increased by 2.6 per cent (previously 3.2 per cent). Economic momentum in the advanced economies of the world and in the emerging markets was below the previous year. Interest rates remained low, while global energy, commodity and consumer prices all fell compared to 2018. Increasing trade distortions at an international level,…
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