Global economy growing at fastest rate since 2011 but NIESR warns of slowdown

World economy to expand 3.9% in 2018

Tom Eckett
Global economy growing at fastest rate since 2011

Global economy growing at fastest rate since 2011

The world economy is expanding at the quickest pace for seven years, according to the National Institute of Economic and Social Research (NIESR), who have revised growth forecasts upwards across all major economies and regions despite warning there are a number of factors that could dampen the current speed.

NIESR found global real GDP growth picked up 3.7% in 2017, 0.2% higher than forecast in November, while it is expected to expand 3.9% in 2018 and 3.8% in 2019. However, the firm said there could be...

To continue reading this article...

Join Investment week

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space

  • Get ahead of regulatory and technological changes affecting fund management

  • Important and breaking news stories selected by the editors delivered straight to your inbox each day

  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts

  • Be the first to hear about our extensive events schedule and awards programmes

Join now


Already an Investment Week


More on Economics

St James's Place CEO Andrew Croft

St James's Place AUM up 25% year-on-year

Improving consumer confidence fuelled net inflows

Jenny Turton
clock 21 October 2021 • 1 min read
Borrowing down but still high

Government borrowing falls in September, but Chancellor in 'tight spot'

Dropped £7bn compared to last year

clock 21 October 2021 • 1 min read
inflation rate fell back slightly last month because prices in restaurants rose less this August than last when the Eat Out to Help Out Scheme was running

UK inflation dips slightly to 3.1% in September

Relief likely to be temporary as energy and food prices rise

Pedro Gonçalves
clock 20 October 2021 • 5 min read