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Global | Global growth points to 0.9%-1% in early 2017

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Global GDP growth continues accelerating in Q1, though our BBVA-GAIN indicator of global growth is slightly lower than a month ago (Q4: 0.85%; Q1: 0.93%). Confidence indicators continue to be very strong and global trade gives signals of further expansion, but industrial production and especially retail sales are more moderate in early year.

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