Global | GDP growth remains stuck at 2.6% YoY in Q1.Less cloudy outlook but the same risks

Summary

The April update of our BBVA-GAIN index paints a somewhat similar picture to the one presented last month. Our nowcast for 1Q16 continues to point out that world GDP growth stood at 0.64% QoQ (2.6% annualized rate), slightly above the Q415 print but still quite below the average rate growth observed in 2010-13 (close to 0.90% QoQ)

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