Global GDP growth slowed only very marginally in Q3, to about 3.0% year-in-year, in line with my October forecasts. Perhaps even more surprising is World Bank data pointing to quarterly growth having flat-lined at 2.5% yoy between Q2 2014 and Q3 2015. Read more
Global growth likely slowed in Q3, dragged lower by OECD, in line with soft global PMI
Countries which have so far released Q3 GDP data account for about half of world GDP, using IMF purchasing power parity (PPP) weights. Based on these data, global real GDP growth in Q3 edged slightly higher to 3.2% year-on-year (yoy) from 3.1% yoy in Q2 (see Figure 1), according to my estimates[1]. Read more