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Compiled By: Prince Henry Danquah, Bora Capital Advisors Ltd.
Fitch Ratings has raised its world growth forecasts for 2025 moderately since the June Global Economic Outlook (GEO) on better-than-expected incoming data for 2Q25.
However, there is now evidence of an underlying US slowdown in ‘hard’ economic data, and positive surprises on eurozone growth have partly reflected US tariff front-running.
Fitch still expects world Gross Domestic Product to slow significantly this year. Global growth is now forecast to be 2.4% in 2025, up 0.2 percentage points since June 2025 but a sizeable slowdown from 2.9% last year and below trend.
Source: newsthemegh.com