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Author Topic: Markit cuts the global economic forecasts from the Covid-19 poisoning  (Read 811 times)

yxc

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IHS Markit, a financial information services company Announcing a reduction in global economic growth forecasts for this year and next year. Affected by the outbreak of the Covid-19 virus

According to Markit, the global economy is expected to grow by 1.7% this year and 2.7% next year, down from February's forecast of 2.5% and 2.8% respectively.

    "While the United States will be affected by the Covid-19 virus But we expect the economy to remain strong enough to avoid recession. Europe will be affected more heavily. The German and Italian economies were near or into a recession before the outbreak of the virus. And this will pressure the rest of the eurozone into a recession, "said Marit.



 

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