OECD ups 2017 global growth forecast

In its economic outlook report published on Wednesday, the Organization for Economic Co-operation and Development (OECD) raised the 2017 global growth forecast to 3.5% versus 3.3% seen in the previous forecast report.

Key Details:

Global growth seen at 3.6% in 2018

US 2017 GDP 2.1% vs 2.4% prev and 2018 2.4% vs 2.8% prev

EZ 2017 and GDP 1.8% vs 1.6% prev

UK 2017 GDP 1.6% and 1.0% in 2018, unchanged vs prev

Japan 2017 GDP 1.4% vs 1.2% prev forecast

China 2017 GDP 6.6% vs 6.5% prev, 2018 6.4% vs 6.3% prev