Global GDP growth: No news is good news

Our new monthly update does not bring any novelties: The latest incoming information confirms the recovery path of World GDP growth started in the second quarter and reinforces our expectations that this recovery will continue for the rest of the year. This assessment results from the September's update of our BBVA GAIN model, which shed a slight upward revision of Global GDP Growth estimates for both the third (nowcast) and last (forecast) quarter of the present year, as shown in Table 1.

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