Global | GDP growth shows increasing signs of moderation ahead
Published on Thursday, December 20, 2018 | Updated on Friday, December 21, 2018
Global | GDP growth shows increasing signs of moderation ahead
Summary
Our BBVA-GAIN model suggests a slight upturn in growth in 4Q18 (0.8% QoQ). There was a positive rebound in hard data in October, but with signs of moderation looking ahead. However, confidence data declined further by year end, especially in developed countries, due to geopolitical risks and trade tensions. Concerns about further slowing in coming quarters are increasing.
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- Macroeconomic Analysis
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Authors
Pedro Ezquiaga
Rodrigo Falbo
BBVA Research - Principal Economist
Agustín García
BBVA Research - Lead Economist
Miguel Jiménez
BBVA Research - Lead Economist
María Moraga Fernández