Global | Positive outlook, with projections revised across areas

Robust and steady global growth in 2Q (BBVA-GAIN: 1% QoQ) with some rebalancing among the major areas. Confidence and global trade growth seem to stabilize at high levels, supporting the ongoing recovery of the industrial sector. New projections for 2017-18 are revised upwards in the Eurozone and China and downwards in US. Risks remain tilted to the downside.

Authors

Geographies

Topics