Global | Continued soft landing with differentiations across the three large economies

Published on Monday, November 19, 2018 | Updated on Wednesday, November 21, 2018

Global | Continued soft landing with differentiations across the three large economies

Summary

Lower prospects for global growth with mixed data across regions in 3Q18, as the US keeps outperforming while quarterly figures disappoint in China and the EZ. Global trade remains solid, but partly reflects the frontloading of Chinese exports to avoid further tariffs early next year. Our BBVA-GAIN model suggests growth will keep adjusting in 4Q18 to around 0.9% q/q.

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Authors

Rodrigo Falbo BBVA Research - Principal Economist
Agustín García BBVA Research - Principal Economist
Miguel Jiménez BBVA Research - Lead Economist
Iñaki Martínez
María Moraga Fernández

Documents and files


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Report (PDF)

1811-Global-Economic-Watch

English - November 19, 2018

Report (PDF)

1811-Observatorio-Global

Spanish - November 19, 2018

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