World GDP: Slight slowdown remains driven by industrial output and financial volatility

Summary

The March update of our BBVA GAIN indicator has not brought any remarkable changes in the real time estimation of World GDP growth. After the inclusion of the information for a small set of countries obtained from the latest data on National Accounts, the estimation of the quarterly global growth for 2014Q4 remains anchored at 0.8%, 0.1 pp lower than actual growth for 3Q14

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