Abstract
Growth in the global economy decelerated sharply in 2019 as a result of unexpected slowdowns in countries such as Germany, Brazil, and India, according to researchers at the investment bank Goldman Sachs. Ever the optimists, the researchers are calling for increased growth this year, despite slowing in continental Europe, the UK, China, and Japan. World: 3.4% (+0.3%) US: 2.3% (unchanged) Brazil: 2.2% (+1.2%) UK: 1.1% (-0.2%) Euro region: 1.1% (-0.1%) India: 6.4% (+1.3%) China: 5.8% (-0.3%) Japan: 0.4% (-0.5%) Note: GDP means gross domestic product. Numbers in parentheses are the changes from forecasts for 2019. Source: Goldman Sachs.
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