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Global economic growth is expected to accelerate in 2017

  • Author:Orient Honest
  • Source:www.china-disposable.com
  • Release on :2017-01-16
January 11, 2017, the World Bank released a report that, in view of oil prices and commodity prices rebounded, easing emerging market commodity exporting countries pressure, and the Brazil and Russia recession ended in 2017, global economic growth may be slightly accelerated.

In its latest Global Economic Outlook report, the World Bank forecasts that global gross domestic product (GDP) will grow by 2.7 percent in 2017, a 0.1 percentage point lower than the forecast in June last year. However, due to weak investment and policy uncertainty exacerbated impact on global economic activity, in 2016 the global economy is expected to grow 2.3% for the low level of the financial crisis.

In its latest Global Economic Outlook report, the World Bank forecasts that global gross domestic product (GDP) will grow by 2.7 percent in 2017, a 0.1 percentage point lower than the forecast in June last year. However, due to weak investment and policy uncertainty exacerbated impact on global economic activity, in 2016 the global economy is expected to grow 2.3% for the low level of the financial crisis.

The World Bank estimates that global growth will accelerate to 2.9 percent in 2017, down 0.1 percentage points from last June's forecast.

Since the year 2017 has already coming, we hope everything will still goes on well in this year. We are one of the disposable face mask suppliers,disposable lab coats suppliers and hospital bed sheets suppliers in China.