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Thank you for reading the news on Evo: The outlook for the global economy is deteriorating and we now move on to the most important and recent details.
The economic outlook has worsened in all regions of the world over the summer due to escalating trade disputes between the United States and China, according to a study released Monday.
The German Ifo economic institute said its quarterly survey of some 1,200 experts in more than 110 countries showed that its measures of the current situation and the economic outlook were deteriorating in the third quarter.
"Experts expect much slower growth in global trade," said Clemens Fust, director of the institute, adding that business expectations were at their lowest since the start of the tariff dispute. ;last year.
"Participants are also expecting a greater weakness in private consumption, a further decline in investment activity and a decline in interest rates in the short and long term", he added. he declared.
(Reuters)
Here are the details of IFO news: The outlook for the global economy is deteriorating today.
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