OECD cuts 2019 global growth forecast to 2.9% from 3.2%

In its latest report, the Organization for Economic Co-operation and Development (OECD) cut its forecasts for the global economy, with further headlines found below.

2019 global GDP growth at 2.9% (previously 3.2%)

2020 global GDP growth at 3.0% (previously 3.4%)

2019 US GDP growth at 2.4% (previously 2.8%)

2020 US GDP growth at 2.0% (previously 2.3%)

2019 China GDP growth at 6.1% (previously 6.2%)

2020 China GDP growth at 5.7% (previously 6.0%)

2019 Eurozone GDP growth at 1.1% (previously 1.2%)

2020 Eurozone GDP growth at 1.0% (previously 1.4%)

2019 Japan GDP growth at 1.0% (previously 0.7%)

2020 Japan GDP growth at 0.6% (unchanged)

2019 UK GDP growth at 1.0% (previously 1.2%)

2020 UK GDP growth at 0.9% (previously 1.0%)