For the second report in succession, the OECD has lowered its growth expectations for both France and Germany -- down to 0.8 and 0.4 percent respectively.

www.france24.com

For the second report in succession, the OECD has lowered its growth expectations for both France and Germany -- down to 0.8 and 0.4 percent respectively.

www.france24.com

cm0002@lemmy.world to

Europe@feddit.orgEnglish · 20 hours ago

OECD lowers global growth projections over tariffs, uncertainty

www.france24.com

Trade tensions and geopolitical uncertainties are weighing on economic perspectives, the Organisation for Economic Co-operation and Development said on Monday as it lowered its projections for global…

For the second report in succession, the OECD has lowered its growth expectations for both France and Germany – down to 0.8 and 0.4 percent respectively.

Britain’s forecast is also down to just 1.4 percent, with only Spain amongst major European nations bucking the trend and set to maintain its recent strong performance with 2.6 percent growth predicted in 2025.

US growth is expected to be 2.2 percent in 2025, down from the OECD’s 2.4 percent projection in December, before falling to 1.6 percent in 2026 – a drop of 0.5 percentage points on the OECD’s previous forecast.

China, meanwhile, is expected to maintain healthy growth at 4.8 percent in 2025 and 4.4 percent the following year.

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