will continue to slow in the forecast period. We expect global GDP to expand by 3.0% this year and by 2.8% next year. World …

The upswing of the world economy has strengthened considerably over the last year. Private consumption and exports have … more quickly than anticipated at the end of the last year. For this year we expect that world output will continue to … technological progress, wage increases are not likely to take hold easily. Therefore, the world output is expected to grow by 3 …