OECD predicts fastest global growth in the last six years

Posted On: 2017-06-07

The OECD predicts that the global economy is set to grow 3.5% this year, its best performance since 2011, with growth pushing up to 3.6% in 2018.

It is a minor improvement on the think tank’s 3.3% estimate, which was due in March.

The OECD said increased trade and investment flows counteract a weaker outlook in the U.S.

It said UK growth forecasts of 1.6% in 2017 and 1% 2018 remains the same from its march prediction.

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