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Global growth to stay strong but virus the top risk, say economists
Global economic growth prospects are holding strong for this year and next, despite a significant majority of economists in Reuters polls warning new variants of the coronavirus pose the biggest risk to that outlook.
A global survey of nearly 500 economists taken this month also concluded recent rising inflation in key economies around the world would be transitory.
The global economy was now forecast to expand a sizzling 6.0% this year, which would be its fastest in nearly half a century, followed by a still-robust 4.5% in 2022. Both were marginal increases from the April poll.
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Global growth to stay strong but virus the top risk, say economists Global economic growth prospects are holding strong for this year and next, despite a significant majority of economists in Reuters polls warning new variants of the coronavirus pose the biggest risk to that outlook.
FILE PHOTO: Workers labour at a construction site in Shanghai, China July 12, 2021. REUTERS/Aly Song
27 Jul 2021 08:55AM Share this content
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BENGALURU: Global economic growth prospects are holding strong for this year and next, despite a significant majority of economists in Reuters polls warning new variants of the coronavirus pose the biggest risk to that outlook.