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Published on Monday, June 6, 2016 | Updated on Monday, June 6, 2016

Global | Lack of solid ground for global growth to escape below-trend levels

Global growth returned to its 2011-2015 trend levels (0.75% QoQ) in Q1, one quarter before than we anticipated in our previous note. Such a rebound has been mainly led by China, India and EMU, where incoming GDP prints from Q1 were strong enough to reverse the negative performance of some systemic EM (Brazil, Russia).