Global output expanded by 0.9% on the quarter in Q4, supported by an acceleration in the emerging region, pushing annual growth down a percentage point to 3% in 2016. Looking forward, near term growth will be weaker as the boost that low interest rates and oil prices have given on discretionary spending start to fade. we now expect global growth to decelerate close to 2.5% by 2020.
Table Of Contents
Global Industry Forecasts > Quarterly Industry Forecasts > Consumer Goods