Coface: could grow faster this year than previously expected in the global economy

By: Trademagazin editor Date: 2021. 08. 04. 11:11

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The global economy could grow by 5.6 percent this year, up from the previously expected 5.1 percent, according to the latest forecast from credit insurer Coface.

In the communication sent to MTI on Wednesday, they highlighted that the more favorable outlook is not due to the world economy as a whole, but rather to the fact that the U.S. economy may perform better than previously expected. (MTI)