Published on Monday, March 26, 2018 | Updated on Monday, March 26, 2018
Global | Strong momentum continues in 1Q18 driven by trade, despite some weaker data in DM
Summary
Our BBVA-GAIN model projects the world GDP to grow 1% QoQ in 1Q18, up from 0.9% in 4Q17. Global exports strengthened significantly in February, but industrial output and retail sales were modest in early 2018. Confidence remains at high level in 1Q18 so far, but showing some signs of moderation.
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Authors
MC
Manuel Cabezas
RF
Rodrigo Falbo
BBVA Research - Principal Economist
AG
Agustín García
BBVA Research - Principal Economist
MJ
Miguel Jiménez
BBVA Research - Lead Economist
IM
Iñaki Martínez
FS
Fernando Soto