KUALA LUMPUR: Moody’s Analytics is expecting global real gross domestic product (GDP) to rebound 5.7% in 2021, following the historic 3.6% contraction in 2020.
It said the relatively strong outlook is based on the passage of the new fiscal stimulus in the United States, a firming revival in Europe, and material improvement in the global vaccination momentum.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!