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Economic growth seen slowing in EBRD regions in 2019


Economic growth across the regions in which the European Bank for Reconstruction and Development (EBRD) operates is broadly expected to track the global economy lower in 2019, before a likely upturn in 2020.

The bank’s latest economic outlook has revised down predictions for 2019. It now expects average growth across the EBRD economies of 2.3 per cent, a 0.3 percentage point cut from the previous November forecast, and compared with 3.4 per cent expansion in 2018. It forecasts a recovery to 2.6 per cent in 2020.

Source: emerging-europe

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