Economic update May 2019

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  • China,
  • USA
  • Machines/Engineering,
  • Metals

9th May 2019

The Economic Update, presenting the current economic environment across the globe and the outlook by Atradius Economic Research.

The Economic update is published once per two months.

The May 2019 edition of the Economic Update, presenting the current economic environment across the globe by Atradius Economic Research.

  • Global – The global economy is losing steam, slowing to 2.7% in 2019 from 3.2% in 2018. 

  • Eurozone – The eurozone economy is shifting in a lower gear in 2019, with GDP growth expected to decelerate to 1.3%.

  • Advanced Markets – The US outlook is supported by strong Q1 figures but it is shifting to lower gear at 2.3%. The UK economy is expected to see growth in line with 2018 but Brexit uncertainty remains a downside risk.

  • Emerging Markets – Growth is likely to edge slightly lower in 2019, with trade tensions between the US and China continuing to cloud the outlook.

  • Credit and Insolvencies – The global insolvency outlook has deteriorated further. A 2% increase in insolvencies is now expected in 2019.

Download the Economic Update to read all the details.

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