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12 Jun 2013
Flash: 2014 global growth to increase YoY – NAB
FXstreet.com (New York) - According to the NAB Research Team, “Our measure of current and expected future trading conditions in big advanced economies confirms that while the former remain soft, there is still a belief that there will be faster growth in a year or so.”
By far, the most optimistic firms are in the US, UK and Japan while those in France are especially pessimistic. Moreover, “We expect global growth to remain fairly sluggish through much of 2013 with the full-year figure staying around 3% before strengthening to 3.75% in 2014. The emerging market economies still account for the bulk of global growth – around 2.5 ppts – but the contribution of the big advanced economies is expected to increase as Euro-zone recession ends and Abenomics lifts Japanese growth.” they add.
By far, the most optimistic firms are in the US, UK and Japan while those in France are especially pessimistic. Moreover, “We expect global growth to remain fairly sluggish through much of 2013 with the full-year figure staying around 3% before strengthening to 3.75% in 2014. The emerging market economies still account for the bulk of global growth – around 2.5 ppts – but the contribution of the big advanced economies is expected to increase as Euro-zone recession ends and Abenomics lifts Japanese growth.” they add.