Close Menu
    Facebook X (Twitter) Instagram
    Trending
    • Lower Myra Falls Hike, which is inevitable in StrateCona Provincial Park Park
    • How to lift the hole in the wall trail near Port Alberani, BC
    • Nice giants and fast collapses: herb animals in Tanzania
    • 3 days in Santorini – the best things to see and do
    • Children’s animals in Tanzania: A video article from Tarangy, Nugurongoro, and Serinjiti
    • This professional traveler reveals how to tour the world without any remorse
    • Spring of 2025 external equipment and new books guide
    • The 18 best beaches in the world
    Facebook X (Twitter) Instagram
    ZEMS BLOG
    • Home
    • Sports
    • Reel
    • Worklife
    • Travel
    • Future
    • Culture
    • Politics
    • Weather
    • Financial Market
    • Crypto
    ZEMS BLOG
    Home » Davos poll shows three-quarters of senior economists expect “weak” or “very weak” growth in Europe this year.
    Financial Market

    Davos poll shows three-quarters of senior economists expect “weak” or “very weak” growth in Europe this year.

    ZEMS BLOGBy ZEMS BLOGJanuary 15, 2024No Comments1 Min Read
    Facebook Twitter Pinterest LinkedIn Tumblr Email
    Share
    Facebook Twitter LinkedIn Pinterest Email

    A poll of leading economists showed that three-quarters of them expect weak to very weak growth in Europe this year, the most pessimistic forecast of any region.

    The survey of leading economists, released in conjunction with the World Economic Forum in Davos but conducted in November and December, found a significant geographic split, with 93% expecting moderate to strong growth in South Asia and 86% expecting it in East Asia.

    For the United States, 56% expected moderate to strong growth, down from 78% in a September poll. By contrast, 77% expected weak to very weak growth in Europe, nearly double the number they expected in September.

    The bleak outlook comes as the Federal Statistics Office reported that Germany's economy contracted by 0.3% in 2023, after rising by 1.8% in 2022. The statistics agency said that high prices and unfavorable financing conditions affected Europe's largest economy.

    Meanwhile, only 13% expect inflation rates to rise in the US and Europe this year. China is the outlier in the other direction, with 76% expecting low or very low inflation.

    The World Economic Forum polled economists at banks, consulting firms, international agencies as well as companies including Microsoft and Google.

    Source link

    ZEMS BLOG
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Previous ArticleIs the ETF hype over? Bitcoin (BTC) Price Drops to 2024 Lows at $41.5K (Weekend Watch)
    Next Article How much snow will we get?
    ZEMS BLOG
    • Website

    Related Posts

    Rail Gun rises 130.3%: What are analysts' expectations?

    April 17, 2024

    USDCAD is once again above the 1.38000 level

    April 17, 2024

    The changing face of marketing in the digital age

    April 17, 2024
    Leave A Reply Cancel Reply

    Lower Myra Falls Hike, which is inevitable in StrateCona Provincial Park Park

    June 30, 2025

    How to lift the hole in the wall trail near Port Alberani, BC

    June 26, 2025

    Nice giants and fast collapses: herb animals in Tanzania

    June 23, 2025

    3 days in Santorini – the best things to see and do

    June 22, 2025
    Recent Posts
    • Lower Myra Falls Hike, which is inevitable in StrateCona Provincial Park Park
    • How to lift the hole in the wall trail near Port Alberani, BC
    • Nice giants and fast collapses: herb animals in Tanzania
    • 3 days in Santorini – the best things to see and do
    • Children’s animals in Tanzania: A video article from Tarangy, Nugurongoro, and Serinjiti
    About

    ZEMS BLOG in partnership with Holiday Omega keeps you informed. Bringing you the latest news from around the world with fresh perspectives and unique insights. Your daily source for news from around the world. All perspectives, all curated for a global audience.

    Facebook X (Twitter) Instagram YouTube Telegram
    • About Us
    • Contact Us
    • Privacy Policy
    • Disclaimer
    Subscribe For latest updates

    Type above and press Enter to search. Press Esc to cancel.