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Manufacturing & The Economy

IMF Expects Global Growth to Slow in 2019

The International Monetary Fund expects global growth to slow from 3.6% in 2018 to 3.3% in 2019, according to its latest World Economic Outlook.

After strong growth in 2017 and early 2018, global economic activity slowed notably in the second half of last year, reflecting a confluence of factors affecting major economies. After peaking at close to 4% in 2017, global growth remained strong, at 3.8% in the first half of 2018, but dropped to 3.2% in the second half of the year.

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