Citibank: Global growth likely to be 3.1% in 2019

Citi analysts are still expecting global growth of 3.1% in 2019, while they expect the inflation to slow its rate of increase to 2.4% in 2019 & 2.5% in 2020.

Key Quotes

“Developed markets are forecasted to grow 2.0% in 2019 & 1.7% in 2020, while emerging markets target 4.5% growth in 2019 & 4.6% in 2020.”

“Downside risks to growth include monetary policy divergence across markets, rising protectionism and trade tensions, heightened political risks & a China or US slowdown.”

“However, a global investment rebound could offset these influences in the second half of 2019.”