Moody’s Analytics expects global GDP to rebound to 5.7% in 2021


KUALA LUMPUR: Moody’s Analytics is expecting the global real gross domestic product (GDP) to rebound 5.7 per cent in 2021, following the historic 3.6 per cent contraction in 2020.

It said the relatively strong outlook is based on the passage of the new fiscal stimulus in the United States (US), a firming revival in Europe, and material improvement in the global vaccination momentum.

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