ECB sees global economic slowdown in 2019

The global economy is set to slow down in 2019 and stabilise thereafter, the European Central Bank said on Thursday.

ECB sees global economic slowdown in 2019
The global economy is set to slow down in 2019 and stabilise thereafter, the European Central Bank said on Thursday. Image soutrce: Reuters

The global economy is set to slow down in 2019 and stabilise thereafter, the European Central Bank said on Thursday.

"Looking ahead, global economic activity is expected to decelerate in 2019 and remain steady thereafter," the ECB said in its regular economic bulletin. 

"Global inflationary pressures are expected to rise slowly as spare capacity diminishes," it added.

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Written By: Reuters
Updated: Thu, Dec 27, 2018
04:00 PM IST
Reuters

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